money will mainly be used to repay debts and the rest will be used as working capital. Attachment 1 Page 3/11 5. Purpose of transaction : The Company has negative cash flow from having losses from
from the connected person is from Loan from the Company, which is a working capital from business operation. Loan from related company will be complied with the Policies of the connected transactions
fund Source of funds for land purchase from the connected person is from Loan from the Company, which is a working capital from business operation. Loan from related company will be complied with the
cash. Tax, fees, and other expenses relating to the transferring of land, sellers will pay. 7. Source of fund Loan from the Company, which is a working capital from business operation. Loan from related
received from this disposing of Subsidiary’s ordinary shares, the Company will use as working capital. 10. Conditions for the entering into the transaction This entering into the transaction is considered as
person(s) entrusted by the Board of Directors and the determination will base on the position, role and responsibilities, year of working with the Company and/or its subsidiaries, experience, and
in order to maintain liquidity and financial flexibility. The Company remains cautious on investment, while seeking various sources of working capital, along with effective control and management of
analysis, our cash flow is expected to remain strong with no impact on debt repayment and CAPEX plan. Furthermore, the company is receiving additional working capital facilities by approximately THB 4
used for loan repayment and working capital for the Company. 11. Opinion of the Board of Directors on the transaction The Board of Directors considered that this transaction is appropriate and beneficial