such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company Limited (“the Company”) has the debtor which is Rich Asia Industry Company Limited

) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of Baht 1,456.31 million is reasonable, as it can support the Company’s

transaction, and has an opinion that the entering into the transaction (1) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of

21 days from the disclosure date on which the information memorandum on entering into such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company

the shareholders of the Company within 21 days from the disclosure date on which the information memorandum on entering into such transaction to the SET. Enclosure 3.3 Rational and background of the

such transaction to the SET. 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Another

- Trade and other receivable, net 11.32 19.71 184.41 - Inventories 792.41 1,444.67 2,336.74 - Others 0.77 0.66 0.53 Total current assets 804.50 1,465.04 2,521.68 Non-current assets - Short-term loans to

trade and other payables. The total shareholders’ equity amounted to 3,6 6 7 .0 6 million baht, increased by 70.76 million baht. This represented the Company’s book value per share at 18.34 and D/E ratio

December 2016 Inc(Dec)% Inc(Dec)% Cash and cash equivalents 15,608 17,320 19,685 (9.9%) (20.7%) Current investments 223 215 431 3.4% (48.4%) Trade and other receivables 11,558 10,468 10,697 10.4% 8.1

million. Trade and other Receivables were Baht 69.27 million from Baht 52.59 million. And, Inventories were Baht 16.44 million as of 31 December 2018, an increase from Baht 12.06 million as of 31 December