size based on total value of consideration paid or received, the transaction value is equal to 5.2 percent, per the Company’s consolidated financial statements ended March 31, 2019. The maximum value of
consideration paid criteria referred from the Company’s latest financial statements as of 31 March 2018. Therefore, the transaction does not require the compliance with criteria of material transactions deemed as
Company (or “MDP”) Transaction Date Within 30 June 2020 (in the process of confirming transaction date) Investment Party Mr. Thomas Frakes and Mrs. Cynthia Frakes are American investors and founders of MDP
transaction value of 12.22 percent calculated based on the first calculation basis i.e. Net tangible assets criterion based on the Consolidated Financial Statements ending 31 March 2017. Information Memorandum
first calculation basis i.e. Net tangible assets criterion based on the Consolidated Financial Statements ending 31 March 2017. In addition, after combining the said transaction value with all asset
method based on the review of consolidated financial statements ended 30 June 2019. The Company had not entered into any other acquisition transaction during the past six http://www.navanakorn.co.th
baht, or the transaction is more than 0.03% but less than 3% of Net Tangible Asset (NTA) whichever is higher. As the Company Financial Statements as of 30 September 2017, the number of 0.03% of NTA was
consolidated financial statements (data should be extracted from the latest financial statements) N/A 3. Calculation based on total value of consideration paid or received Value of transaction paid or received
transaction cannot be disclosed under the Confidentiality Agreement. The Company would like to inform SET that the Company has just reached an agreement on material points, and then has entered into the Share
Exchange of Thailand No. GJS/ELCID-02/2562 Re: Reports on Connected Transaction (the extend period for granted financial assistance) dated 18 January 2019 Enclosure Reports on Connected Transaction