Company The transaction size of said acquisition is within the scope of acquisition of assets under the Notification of the Capital Market Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into

Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into Material Transaction deemed as Acquisition or Disposition of Assets and the Notification of the Board of Governors of the Stock Exchange of

district, route to Mae Jo University. The area has been developed into a residential area, in which the population has rapidly expanded. 10. The Board of Directors regarding the transaction The Board of

, successful of launching new products into market, it resulted in the Company was able to maintain the leadership position in the domestic RTD Tea market continuously. Moreover, the Company started to earn

. Based on exchange rates as at 30 September 2019 of the Bank of Thailand 1 Indian rupee is Baht 0.4649. The Board of Directors meeting considered that the entering into the transaction is reasonable and

against the Indian rupee, making it is a good opportunity to expand investment into India, resulting in the overall investment is at an appropriate level and worth to invest. Moreover, it increases

the past 9 months of 2019, the Baht is around 6.60 percent appreciated against the Indian rupee, making it is a good opportunity to expand investment into India, resulting in the overall investment is

tangible assets as at September 30, 2019 amounted to Baht 697.89Million), and fall into the category of short-term rent/lease of real property with a period of not exceeding three years which the Company is

and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for

Co.,Ltd and shareholder, representing 15.38 percent of authorized and paid-up share capital. 4. Rationale to Enter into The Transaction Panjawattana Plastic Public Company Limited (“the Company