of fund The fund used for payment in Share Acquisition Transaction for total price of Baht 280,000,000 will be from working capital of the Company. 11. Conditions precedent to completion of the

the Company.   - 17 - 8. Source of Fund (1) Existing capital of the Company which will not affect the working capital required for the Company’s operation (2) Cash from the exercise of rights to

, however, the Company had new non-revolving USD working capital facility 30.0 million USD with Link Capital I (Mauritius) Limited.  Liabilities under rehabilitation plan and compromise agreement increase

). However, the financial costs from these funding sources were very high. The Company had no ability to compete with the HRC import price from time to time. Moreover, lack of working capital caused the

to resolve the long time overdue debts and seeking sufficient working capital in order to support the business operation. - The facility of Company is considered as the state-of-art steel mill and the

growth. The Company therefore need to resolve the long time overdue debts and seeking sufficient working capital in order to support the business operation. - The facility of Company is considered as the

. “commercial bank” means commercial bank in accordance with law on commercial banking or law on business of financial institution; “life insurance company” means life insurance company in accordance with law on

. Information Memorandum regarding the offering of the newly issued ordinary shares to specific investors (Private Placement) 3. Capital Increase Report Form (F53 N.D. Rubber Public Company Limited (“ No.5/2017

shareholders due to the Company can expand its business and support the increasing of customers base in high growth potential area for employees as it is located near the residence of working people who are

in EBITDA of THB 20 million. The net result from gain on sale investments as mentioned above offset by the employee benefit for staffs of Dusit Thani Bangkok who are still working with the company to