reasonable price and higher than the appraised price. This transaction is not relevant to criterion according to the Disclosure of Information and Acts of Listed Companies Concerning the Connected Transaction

บริษัท วนชัย กรุ๊ป จำกัด(มหาชน) -Translation- 28 September 2018 Subject : Disclosure of connected transaction by a subsidiary company To : President The Stock Exchange of Thailand Vanachai Group

their wishes to abstain from voting on this agenda. 3.8 Opinion of the Board of Directors The Board of Directors has considered that the entry into to such transaction is reasonable and beneficial to the

are the main production cost of the company and subsidiaries. Therefore, to process the mentioned transaction is reasonable and it will give the best benefits to the subsidiaries. For the cost of

Committee are of the view that the transaction is appropriate, reasonable, and in the best interests of FVC and its shareholders in the long term.The SEC has observed that the proposed sale price of KTMS

. Sources of Funding Internal Working Capital 7. The Board of Directors regarding the transaction. The Board of Directors of WORLD considered and viewed that this transaction is reasonable and beneficial to

บริษัท วนชัย กรุ๊ป จำกัด(มหาชน) -Translation- 25 June 2019 Subject : Disclosure of connected transaction by a subsidiary company Attention : President The Stock Exchange of Thailand Vanachai Group

บริษัท วนชัย กรุ๊ป จำกัด(มหาชน) -Translation- 25 June 2018 Subject : Disclosure of connected transaction by a subsidiary company Attention : President The Stock Exchange of Thailand Vanachai Group

regarding the reasonable and fairness of the transaction together with the reviewed appraisal reports for such property to the shareholders meeting for their consideration in accordance with the relevant laws

บริษัท วนชัย กรุ๊ป จำกัด(มหาชน) -Translation- 28 March 2018 Subject : Disclosure of connected transaction by a subsidiary company To : President The Stock Exchange of Thailand Vanachai Group Public