transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
400 milli ) Public Comp nd e ordinary sha bscribe newly eholding in Ph ansaction. Baht roup of comp from insuranc siness and In onditions deriv ated person s action of liste on. After com n transactions
period last year loss increased of 8.57 million baht or 11.08 percent. The significant accounting transactions changed as follows; 1) Total revenues from consolidated financial statements, decreased from
support is deemed as a connected transaction according to the Notification of the Capital Market Supervisory Commission No. Tor Chor 21/2551 Re: Rules on Connected Transactions and the Notification of the
) Financial Projection of the Current Year (if any) : None (14) Pending Material Lawsuits or Claims : None (15) Interests and Connected Transactions : None (16) Responsibilities of the Company’s Board of
Transactions Deemed as Acquisition or Disposal of Assets (as amended), and does not fall within the disclosure requirement under the Notification of the Board of Governors of the Stock Exchange of Thailand Re
the company. 11. The Audit Committee‟ opinion None. The total investment in the “Company” is 60 Million Baht and not deemed to related party transactions, calculation based on the criteria by using the
the first issue to be used as working capital for the company. 8 Board’s Opinion The Board of Directors considered the proposed connected transactions to be appropriate, due to provide VIBHA sufficient
considered a connected transaction according to the Notifications of Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules on Connected Transactions which needs the board of directors' approval and
negotiate, agree and enter into any terms and conditions of such agreement and other related agreements and any other details as the management deem appropriated. Value of connected Transactions : The