held on 25 April 2018, considered that the transaction - 18 - is reasonable and beneficial to the Company and the shareholders and it will be the significant opportunity to the renewable business. 11
Board of Directors on the entry into the transaction The Board of Directors’ meeting No. 3/2018 held on 25 April 2018, considered that the transaction is reasonable and beneficial to the Company and the
value is reasonable in which the Company will receive the expected return. The Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in
Company operations which related with the main business and the transaction also is reasonable and will benefit the Company and shareholders. 11. Opinion of the Company’s Audit Committee and/or directors
calculation as the transaction value, the total transaction value shall be equivalent to 185.54 percent calculated based on the Net Tangible Asset Basis which is the basis that results in the highest
Transaction”). Following the resolution granting such approval from the Board of Directors, Buyer and the Seller duly signed the Assets Sale and Purchase Agreement on October 11, 2018. Such Restaurant Franchise
. Opinion of the Board of Directors on the entry into the transaction The Board of Directors’ meeting No. 3/2018 held on 25 April 2018, considered that the transaction is reasonable and beneficial to the
final the details of implementation schedule and relevant actions following the International Accounting Standard 21 accordingly. 7. Approved the related parties transaction as the following transaction
. (“IGEN-ENERGY”) Invested company IGEN Energy Co., Ltd (“IGEN-ENERGY”). 1. Transaction date Expected transaction within December 2019. Transaction could happen before expected date above upon Condition
Directors The Board of Directors has considered and viewed that the transaction is reasonable and most beneficial to the Company and its shareholders. Because the book value as of 31 March 2019 is Baht 952.04