to surplus capacity in of IPA post the spike profitability in 2017. This segment was further impacted by the unplanned shutdown of our Spartanburg site which also impacted our Specialty Fibers

with a capital surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020

assets 970 Total assets 1,238 Current liabilities 1,109 Non-current liabilities 1,119 Total liabilities 2,228 Share capital 3,959 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) Total

490 730 Non-current liabilities 1,119 1,061 824 Total liabilities 2,228 1,551 1,554 Share capital 3,959 3,739 3,300 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) (4,168) (3,577

surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020. ● Other components of

with a surplus from the revaluation of land and buildings of Baht 11,020 million. Gains on investments measured at FVOCI declined by Baht 5,348 million. V2 27/08/63 13 Contingent Liabilities Contingent

transactions; (3) To convene the Company’s Shareholders’ Meeting to consider to approve such transaction, by sending the notice convening the Shareholders’ Meeting 14 days in advance and an approval must be

(Translation) No. IR/2561/013 19 March 2018 Subject: Sending Information Memorandum of Singha Estate Public Company Limited Re: Entering into Asset Acquisition Transaction To: Shareholders of Singha

Limited หน้า 3 จาก 20 must. Circulate letters shall be sending to the shareholders to acknowledge within 21 days counting upon the date of informing to the SET. 6. Detail of Acquisition of Assets Assets are

preparing the documents and information which results in any delay in preparing those documents and information and sending of such documents and information to the shareholders within the time specified by