increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the
as of September 30, 2017, the maximum possible size of transaction relative to net tangible assets is equal to 0.29% under Total Value of the Consideration (maximum value criteria). The transaction is
the capital injection of 5.8 million USD or approximately 9,000 million Kyats (180 million baht). The source of fund is mainly from the Company’s working capital, and the Company still maintains 100% of
tangible assets (NTA) (NTA* of investment in the company x Proportion of assets acquired or disposed) x 100 = 410,623*0.38 / 852,192,000 0.02 2. Calculation based on net operating profits (Net operating
, working people and investors who buy and rent out condominium units. Apart from residential property development, the Company also provides real estate services and management service to other organizations
which has 4 criteria as the following; Calculation Basis Formula Transaction Size 1. Calculation based on the value of net tangible assets (NTA) (NTA* of investment in the company x Proportion of assets
Size 1. Calculation based on the value of net tangible assets (NTA) (NTA* of investment in the company x Proportion of assets acquired or disposed) x 100 = 1,883,127*0.50 / 852,192,000 0.11 -Translation
shall be at CNY 27,562,500 (or equivalent to Baht 138,846,093.75 or 0.75 of NTA (Net Tangible Asset ended September 30, 2017 = Baht 18,546,017,000) calculated from the principle of CNY 25,000,000 and
maximum transaction size of 236.05 percent of the value of the net tangible assets (NTA) of the Company. The Company has not entered into any other connected transaction with the same connected persons or
percent subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the