and debt to equity ratio was increased to 1.01 and 1.15, respectively. Shareholders’ equity As at September 30, 2018, the Company and its subsidiaries had total shareholders’ equity of Baht 3,136.31

, including their beneficiaries and/or ultimate shareholders, does not have any relationship with the Company. This Investment, therefore, is not considered a connected transaction under the Notification of the

140.29 46.38 142.14 46.99 146.08 45.73 3.94 2.77 Total shareholders’ equity 162.20 53.62 160.35 53.01 173.35 54.27 13.00 8.11 Note: 1 During 2018, the Company and its subsidiaries have recorded an

and disclose the transaction and is not required to seek the shareholders’ approval under the Notifications on Acquisition or Disposal. Please be informed accordingly. Yours sincerely, (Ms. Preeyanart

assets. Total liabilities and shareholders’ equity were 40,336.05 million baht and 7,195.01 million baht, respectively. Please be acknowledged Your sincerely, ( Mr.Boonchu Wongpakdee ) Deputy Managing

share, equivalent to Baht 400,000 (four hundred thousand). This disposing of Subsidiary’s ordinary shares will benefit the Company and shareholders in the future, which the Company can reduce the risk of

current management, representing the existing shareholders, has been the operator to find investors. Indeed, during this operation, the current management has also made plans to improve the factory and sell

Associate Company’s ordinary shares will benefit tothe Company and shareholders in the future, Whereby after the investment by the Company and other investors, the Associate Company will be strength and ready

December 31, 2019 December 31, 2018 Increase (Decrease) % Total assets 340.25 379.77 (39.53) (10.41) Total liabilities 86.37 98.81 (12.44) (12.59) Total shareholders’ equity 253.88 280.97 (27.09) (9.64

when the Board of Directors Meeting was and will be proposed to the Shareholders Meeting for the approval further. The Company would like to clarify the operating results of the Company and its