has no other connected transaction with the same connected person or related person or close relatives subjected to the connected person, within 6 months prior to this transaction agreement date. In

decreased by 18.0% in order to support festive and seasonal sales demand • Allowance of the decline in value of inventory decreased by 80.0% from obsolete and long aged finished goods • Selling expenses

: Manufacturer of finished garments Issued and paid-up share capital : Baht 30,000,000.- classified into 3,000,000 ordinary shares, with par value of Baht 10 per share Pre-transaction shareholding level : 573,000

decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to

million, increased by 3.2% mainly due to writing off the obsolete finished goods. As a result, the company reported net loss of Baht 8.1 million compared with a profit of Baht 6.6 million in the same

by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown

details are as follows: 1. Transaction Date : To sign the share purchase agreement by January 31, 2020 and the purchase transaction is expected to be completed by March 2020 2. Relevant parties and relation

510 - 940 Million through the concession agreement period. Overview Operational Results In the first quarter of the year 2018, the Company had the net profit attributable to equity holders of the

USD 350 million or not exceed Baht 11,073 million1. The Company and/or its subsidiary may be required to enter into agreement with financial institutions relating to the borrowing of loans, giving

20.64 percent are finished products, 18.57 percent are work in progress and 49.64 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting