arranged by the derivatives fund manager must possess knowledge, ability and business understanding and is subject to the approval of the Office in accordance with rules as prescribed in the notification of
consolidated financial statements of the Company as of 31 March 2017). Details of the calculation are summarized below. Evaluation Criteria 1. Comparison of Net Tangible Assets Net tangible assets of SGAH x
Company to be used as working capital. In addition, during the beginning of this year the Company asked for approval of the disposal of Land and Buildings from the Extraordinary General Meeting of
value). The size of this connected transaction compared with the value of net tangible assets of CPN and its subsidiaries under CPN’s latest audited consolidated financial statements on 31 March 2018, of
at a price of Baht 119.43, which is the price as book value according to the financial statements as at 31 December 2019 of KTMS, in the total amount of Baht 17,750,403.18. In this regard, the Company
with all the conditions precedent pursuant to the MOU, having details as per Clause 3.3 of this information memorandum; and 3) The Company must have received the approval for offering newly-issued
share, and the proposal of this matter to the shareholders’ meeting for further consideration and approval; 2. Approved the amendment of Clause 4 of the Memorandum of Association of the Company to be in
Company’s Audited Financial Statements for the year 2018 ended 31 December 2018, which has been audited by the auditor, and propose to the Annual General Meeting of Shareholders (“AGM”) to consider and
Cost, the transaction value will be equivalent to 1.37% of the Company’s Net Tangible Asset (NTA) based on the Company’s reviewed financial statements on a consolidated basis as of 30th September 2018