manager Manager Senior Junior Expert in........ Expert in........ Total * The Audit Firm may adjust the details of its position structure by identifying each sublevel of position (if any). ** Specify the

Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development

as a deposit for assets and machinery for share payment. Eco has use the deposit as capital injection. However, the agreement has been terminated on 24th May 2019. Eco has to adjust the transaction by

Purchaser also agreed to adjust the Enterprise Value by the amount of cash, interest-bearing liabilities and actual net working capital of the Targets as at the Completion Date under the terms and method

Interest Rate: EIR) to calculate the income that the Management Discussion and Analysis (MD&A) 2019 Page 6/6 Company can recognize in each period. The Company was on the period of evaluation the impact on

evaluation as well as negotiation and agreement between the Parties. The Company has taken seriously into account of the business plan and the Company’s interest and benefit. 4. Calculation of the size of the

1,447.32 million as of December 31, 2018 due to the decrease of other components of Shareholders’ Equity – the premium of asset evaluation. Kindly be informed accordingly, 5 Yours sincerely, East Coast

’ Equity – the premium of asset evaluation. Kindly be informed accordingly, Yours sincerely, East Coast Furnitech Public Company Limited -Signature- (Arak Suksawad) Managing Director

the lowest price from 2 independent appraisal companies, who are independent appraisers authorized by the SEC, from machineries evaluation as well as negotiation and agreement between the Parties. The

rules or regulations; (4) evaluate members’ compliance with rules or regulations over a reasonable time period; (5) produce reports on the evaluation and actions taken against members who violate or do