subsidiary Aphakorn Industries Company Limited change status from an associate to a subsidiary which receive repayment from PA Capital Company Limited is making a profit from fair value adjustment of 6.14

total amount value not exceeding 300,000,000 Baht, with 5% interest rate and 1 year tenor, to support business expansion and working capital. The transaction is classified as a receipt of the financial

Baht, mainly due to the recognition value of joint venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values. Appropriateness of the Funding

issuance of 205mn ordinary shares at an offering price of the THB 1.60 per share, to the existing shareholders at a ratio of 10 existing ordinary shares for 1 newly issued ordinary shares. The Company has

incentives of a property fund for exemption of the value added tax, the specific business tax, and the stamp duty due to the conversion of a property fund into a real estate investment trust, as well as the

Company acquired 50% of the total ordinary shares in 4 subsidiaries of Sansiri Public Company Limited (Sansiri) at a total price of THB 75.5mn. As a result, (i) Siripat One Company Limited, (ii) Siripat Two

of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

working capital of the Company (4) Total Value, Size of the Transaction, and Criteria to Value the Transaction 4.1) Total Value of Transaction : Not more than THB 43,200,000.00; the calculation is as

(18.0) 93.0 38.1 144.3 Allowance for the decline in value of inventory 0.9 4.4 (80.0) 3.9 9.6 (59.6) Selling expenses 73.7 79.2 (7.0) 216.5 246.3 (12.1) Administrative expenses 38.0 36.9 3.1 142.5 111.6

of 265.40 square meters. 4. Total Value and rule for fixing of total value of the transaction 4.1) The transaction that the company made with the connected persons and their close relative during