, 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

97.99 percent of share in Composite holding Co.,Ltd which Composit holding Co.,Ltd holds 76.92 percent of share in P.J. Composite Co.,Ltd. 3.2 Rationale to Enter into The Transaction Panjawattana Plastic

, entered into a share sales and purchase agreement to acquire ordinary shares in 12 companies in Germany and Switzerland with arcona Management GmbH. VHG II received operating lease rights of 17 existing

securities”. Referring to TFRS 9, the account has been reclassified into “Other non- current financial assets. • Moreover, regarding to TFRS 16, the company starts to record “Right of used asset” amounting of