advertising expenses relating to communication with teenagers to refresh brand amounted to THB 20 million combined with launching new products which is carbonated Carabao green apple, and (3) the rest amounted
compared to the previous packaging size of a 330 ml. The new energy drink is not only expanding the customer base to younger generations, being a constructive factor to refresh the brand image of Carabao in
Deduct Minority interest - - Net tangible assets (NTA) 604.68 (0.22) Plus Capital increase from ex-shareholder :At-Ze prior to share sale and purchase date* - 30.00 Net tangible assets (NTA)-adjusted
Intangible assets deduct 11.53 0.54 Deduct Total liabilities 315.37 157.34 Deduct Minority interest - - Net tangible assets (NTA) 604.68 (0.22) Plus Capital increase from ex-shareholder :At-Ze prior to share
29, 2004 (as amended) (the “Acquisition or Disposition Notification”). Details of the calculation are summarized below: 4.1 Comparison of Net Tangible Assets Size of Transaction = Net tangible assets
calculation of the transaction size are as follows: Basis Calculation Transaction size (Percent) Net tangible asset basis THB (61.32) million 1/ THB 1,331.27 million 2/ -4.61 Net profit basis This basis cannot
aforementioned transaction is considered as the receipt of financial assistance. The size of the transaction is approximately 0.24 percent of the Company’s Net Tangible Assets (NTA) (NTA of the Company as per the
of Assets. From calculation the transaction found that size of transaction according to Net Tangible Assets Basis is highest equivalent to 15.89%, which the scope of transaction type 2. The Company
is equivalent to 0.30% of Company’s Net Tangible Asset (NTA) of THB 2,976.34 million (as of 31 December 2017), which is higher than 0.03% but less than 3% of the Company’s NTA. Hence the Company shall