assets amounted 804.7 million baht, decreased 5.9 million baht or 0.7 percent compared to current assets as of December 31, 2018. Cash decreased by 1.2 million baht, the trade and other receivable

reasons are the decrease in cash and cash equivalents used in operations and transfer some of real estate projects under development to revenue from sales of real estate during the current period. Total

percent of the total issued shares of the Company and Thai Oil, respectively. The value of the connected transactions is 1,000.9 percent of the net tangible asset value of the Company, calculated based on

transaction value, the total transaction value shall be equivalent to 185.54 percent calculated based on the Net Tangible Asset Basis which is the basis that results in the highest transaction value, from the

บริษทั ไฮโดรเท็ค จ ำกดั (มหำชน) Method Formula Calcution Value 1.) Net Tangible Assets NTA of HSMC x Holding Percentage NTA of Company Cannot be calculated due to the HSMC will be set up on 15 July 2015 2

value of consideration for the Transaction is USD 2 Billion (equivalent to approximately 61,960 Million Baht)1. The amount shall be paid in cash. Further, the Company shall also assume pension obligations

Pala-in 26,096 Miss Nittaya Na Songkhla 2 (2) THB 35,000,000 in cash. The Company expects that the Investment Disposal Transaction shall be completed by the 3rd Quarter of 2019. 2/5 เลขท่ี 1 อาคาร ทีพี

reviewed by the auditor as at June 30, 2018. The details on calculation of the value of the asset acquisition transaction are described below. Basis Formula Calculation Size 1. Net tangible asset – NTA) NTA

0.64 : 1 to 0.91 : 1 as of 31 December 2018 and 30 September 2019 respectively. The above ratios do not exceed 1:1 which complies with the policy of the Company. Cash flow statement The cash flow

time or several times within three months from the date on which the Board of Directors of the Company has the resolution. A purpose is to help the Company to have enough cash flow for a business