capital Objective of the transaction : the Company’s business activities General Characteristics of the connected transaction Transaction type : Assets or services Transaction Size : The transaction
same type of the car the transaction value Source of Fund : the Company’s working capital Objective of the transaction : Executive’s vehicle General Characteristics of the connected transaction
pursuant to the Notification of the Capital Market Supervisory Board TorChor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and as amended, and the
to increase its registered capital shares at the amount of 250 million baht to solve the issue of decreasing capital adequacy ratio below the requirement specified under the Insurance Law. The inside
capital. 7. Criteria to Determine the Value of Consideration: The total value of consideration was calculated based on SBITO’s Book Value as of September 30, 2017 which is SBITO’s latest audited financial
Directors Resolution No.5/2016 on 20 September 2016 which has resolved to invest in Food and Beverage Business by assigned and authorized Mr. Suphot Wanna - Chief Executive Officer to be an authorized person
maximum transaction value of 0.14 percent calculated from Consideration Method in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into
of Hero Experience Co., Ltd. (the “Hero Experience”) by means of (1) subscription of 805,264 newly issued shares being, equivalent to 30 percent of the registered capital of Hero Experience, at the
: Manufacturer of finished garments Issued and paid-up share capital : Baht 30,000,000.- classified into 3,000,000 ordinary shares, with par value of Baht 10 per share Pre-transaction shareholding level : 573,000
capital : 138,600,000 THB diving by 6,300,000 shares with stock value THB 22 per share No. of shares purchased : 405,000 shares Price per share : Approximate 22.222222 THB (price based on Book Value as