. Calculation based on net operating profits (Net operating profits of the investment x Buying or selling ratio) x 100 Net operating profits of the listed company** ** In case the company produces consolidated

% per annum, total amount of Baht 16.66 million as revenues from reduction of defaulted interest under the Appeal Court’s order and the case is under the execution to seize such land for sale by auction

payment. The Company shall procure the Board of Directors to resolve to offer the private placement of shares within 30 days from the date which the Financial Statement has been completed. In case that the

case that the Company pays by issuing the private placement of the Company’s newly issued shares offered to the Seller, the Company shall comply with laws regarding securities and stock exchange

connected person of the Company, will benefit the Company and strengthen the operation of 100 % battery electric vehicle business in all aspects. Enclosure However, in case of the operation can achieve as

join venture agreement project and claim damages from two former directors. 4.3.2 Reverses and Loss from litigation at Baht 16.56 million, because of Black (Undecided) case no.1008/2547 On January 27

Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 downside, a weaker and shorter than expected sugar season affected volumes in Q1 and this will be the case in Q2. In

the increase in allowance for doubtful account in 2020 according to newly implemented Expected Credit Loss (ECL) amounting at Baht 12.75 million. In the case of FPI Autoparts India Private Limited, loss

stipulates additional compensation rates in the case of an employment termination for employees who have worked for 20 years or more to be entitled to receive additional compensation from 300 days to 400 days

date until the beginning of 2018 to be the rate of 8.50% per annum, total amount of Baht 16.66 million as revenues from reduction of defaulted interest under the Appeal Court’s order and the case is