environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and

Forward looking The Company has not yet any project or research and development that will affect the operating result and financial position within one year ahead. At present, the Company is able to carry

3 objects, namely Clause 21, Clause 22 and Clause 23 as follows: Clause 21. To trade in all kinds of chemical products. Clause 22. To carry on business of import and export of chemical products

profit of 15.42 million baht as well as LG Container Lines Singapore, subsidiary, a newly opened subsidiary to carry out business as a transportation body with its own container, formerly under the

institutions and/or debentures which carry no condition affecting rights of shareholders. In FY19, AIS generated operating cash flow (after tax) of Bt76,627mn, which was sufficient for allocating to investment

require 237 million baht in investment in: ownership of land, long term land rental (for the source of untreated water), infrastructure and machines required to carry out the business. To engage in long

percent shareholding proportion each, NWR-SBCC Joint Venture, to carry out a soil and coal extraction and transportation at Mae Moh mine of the Electricity Generating Authority of Thailand (“EGAT”) in

in gross profit of 14.16 million baht as well as LG Container Lines Singapore, subsidiary, a newly opened subsidiary to carry out business as a transportation body with its own container, formerly

and purchase date in the amount of THB 125 million. Ref. WINNER 0009/20108 Page 7 of 8 7. Basis used to determine value of consideration The Company appointed Financial Advisor to evaluate the

appointed Financial Advisor to evaluate the appropriated At-Ze’s assets value by using Discounted Free Cash Flow Method-Free Cash Flows to Firm. Total value of consideration is same value as negotiation in