equivalent to 13.54% as per the method of total value of consideration; which is calculated based on the information from the reviewed 9-month period financial statements of the Company ended September 30

distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price

registered capital total baht 765,000,000 and Paid-up capital baht 765,000,000 with 7,650,000 common shares at a baht 100 par share and the Company will hold 16.67 % which amounts to baht 127,525,500 at value

FINANCIAL SERVICES CO., LTD. Seller; the Company Relationship between Buyer and Seller; None 3. Details of Assets being Disposed: Type; Amount of disposed shares; Book Value per share; Total disposed value

of Transaction Value: Value of acquisition of assets has compared to value of total assets of the Company by comparing with actual buying and selling price of the land that is located nearby

Summary Financial Ratio 2016 2015 2014 LIQUIDITY RATIO Liquidity Ratio Times 3.90 3.46 3.24 Quick Ratio Times 3.50 3.09 2.73 Current Ratio Times 1.33 1 1.02 Account Receivable Turnover Times 7.48 7.52 6.52

Total liabilities 12.5 6.3 6.3 Net Assets Value (NAV) 8.2 16.8 16.8 6. Total Value of the Consideration 6.1 The Share Acquisition Transaction The total purchase price for the acquisition of 7,896,800

that this transaction is appropriate in light of price and conditions since the value of consideration of KMM is higher than the assessed price. Also, the Company will be recognized the profit in

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF

affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our