clients and orders due to higher demand for cars and new businesses from closure of financially challenged competitors due to Covid-19. 2) Dealership business; Stronger sales of both dealerships in Thailand
and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and
Necessity and Details of the Transaction The effect of the global financial crisis in 2008 on the steel production industry, which resulted in a substantial decline in global demand for hot rolled steel
resulted in a substantial decline in global demand for hot rolled steel, combined with other issues and debts from past to present, have put the Company in another financial crisis. From the continuing
as well as a favorable expansion of private consumption and investment of both private and public. For electricity industry situation in 2019, Thailand’s peak demand in Electricity Generating Authority
million baht, a decrease of 42 million baht or 1% mainly due to the slowdown in domestic ice machine demand. Overseas sales revenue is 612 million baht, a decrease of 145 million baht or 19%, mainly due to
from China. The overall sales volumes increased as a result of higher Caustic Soda sales due to lower EDC purchase, and higher ECH sales from greater demand from Taiwan and two Indian key accounts
Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Incomes from Utilities Business consists of Excessive Charge for additional Utilities demand
Interest rate of 1.5% per annum repayment on demand without collateral to related persons on proportion. The Company holds 33.33% shares in The Iconic Property Company Limited. Page 2 of 3 4. Transaction