concerning the connected transaction According to the Board of Directors meeting no.7/2560 held on August 25th, 2017, considered and opined that the transaction is reasonable and beneficial to a subsidiary
and opined that the transaction is reasonable and beneficial to a subsidiary. (9) Opinions of the Audit Committee and/or the Board of Directors which is different form the Opinions of the Directors
in providing the underling services. 6. Opinions of the Audit Committee The Audit Committee has opined that services provided by HCDS are beneficial to CPN’s business operations. HCDS’s know-hows and
financial advisor (IFA), IFA opined that the proposed transaction is not appropriate. IFA described that EMC may be exposed to the risk to acquire the Station 1 Project at the price that is significantly
ordinary shares” below 90 percent of the “market price per share of the Company’s ordinary shares”. After calculated based on the calculation basis as stated in the Terms and Conditions of MACO-W2, the net
the newly-issued ordinary shares” below 90 percent of the “market price per share of the Company’s ordinary shares”. After calculated based on the calculation basis as stated in the Terms and Conditions
value. Such subscription is made to the whole issue offered by CVHLUX, including both CHHK’s portion and ICSG’s because ICSG acting in capacity of an eligible shareholder has expressed its intention not
has expressed its intention not to purchase the right offering shares; 2.2. Approve CVHLUX to increase capital equivalent to the amount of not exceeding GBP 40.2 million or approximately THB 1,747.5
of Directors meeting no. 2/2561 held on February 28th, 2018, considered and opined that the transaction is reasonable and beneficial to the Company as the interest rate of loan from related parties is