September 2017 were audited and verified by Mr.Kajornkiet Aroonpirodkul the Certified Public Accountant of PricewaterhouseCoopers ABAS Ltd. Page 5 of 6 5. Value of consideration disposal of assets The Company
reasonable purchase price. In addition, the Company’s Board of Directors (excluding interested director) has verified all of the purchasers’ financial status and viewed that all of the purchasers have the
identified and verified to support deposit account opening and sim card registration. 6 Forth Smart Service Public Company Limited (FSMART) 2Q18 Management Discussion and Analysis Furthermore, the Company
Limited (“the Company”) held on 13 November 2018 has approved and verified the financial statements of the Company and its subsidiaries for the third quarter of 2018 which reviewed by the auditor of the
financial data used for calculation (unit: thousand Baht) 30 September 2019 (verified) Company Total asset 605,613 Tangible assets - Total debts 18,304 Non-controlling interests - Net tangible assets (NTA
based on the past experience. Moreover, the Company had 4 of 6 major overseas customers that have been verified the existence and considered the ability to make debt repayment from a local financial
11% Administrative expenses 197 250 (21%) Loss on confirmed purchase orders for undelivered raw materials 110 214 100% Other expenses 3 3 (1%) Finance costs 260 234 11% Total expenses 6,515 5,340 22
related transactions between the Company and the director, management and direct and indirect shareholders exceeding 10% The details are shown as the attachment. The Company is confirmed that all
of sales were higher than the selling price. Hence, the allowance for the diminished in value of inventory (NRV) for 4.00 million Baht of Crude Glycerine that already under the confirmed contracts. The