acquisition or disposal of assets B.E. 2547 as of 29 October 2018 (as amended). However, after calculation of the size of the transaction pursuant to such notifications, the highest transaction size is 0.13 per

have the duty to supervise and advise the Board of Directors. Size of Transaction : The calculation of transaction size based on the total value of consideration paid is equal to 0.18% of the total

13, 2020, Mr. Chanet holds 31,665,220 ordinary shares and 2,544,750 preferred shares1, totaling 24.3 percent of the Company’s total issued shares. The transaction size of this connected transaction is

principal Other Conditions : None Objectives : To be used for capital expenditure of the Company and to be working capital of the Company (4) Total Value, Size of the Transaction, and Criteria to Value the

of all shares in the Company and also being a shareholder in TBSP holding 17.80 percent of all shares in TBSP. General Characteristic of the Transaction and Size of the Transaction The transaction is

Characteristic of the Transaction and Size of the Transaction The transaction is the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the

Q3/2019 (under the total value of the consideration criteria). The transaction is deemed as acquisition of asset and the transaction size is not more than 15%, therefore is not subject to comply with

TEL. 02-315-9400 FAX: 02-315-9433-6 OFFICE: GFPT TOWER, 312, RAMA 2 ROAD, BANGMOD, JOMTHONG, BANGKOK 10150, THAILAND TEL. 02-473-8000 FAX: 02-473-8398 (4) Total Value, Size of the Transaction, and

2.01% from gross profit of 15.64% in the fourth quarter of 2016. 2/2 Sales and Administration cost The company recorded sales and administration cost of 175.80 million Baht in the year ended December 31

million Baht increased by 133 million Baht (20%) effect from high of work volume. Selling and administration expenses amount 121 million Baht increased by 3 million Baht (3%) from last year. This expenses