equal to 15 percent or more but lower than 50 percent, in accordance with the Notification on Acquisition or Disposal of Assets. Therefore, the Company is required to disclose the information memorandum
million of 25.10% of SGAH’s equity value, in exchange for 1 ordinary share in SGAH; or (3) If 25.10% of the equity value of SGAH is less than USD 50.00 million, there will be no reinvestment. In summary
excess of USD 50.00 million of 25.10% of SGAH’s equity value, in exchange for 1 ordinary share in SGAH; or (3) If 25.10% of the equity value of SGAH is less than USD 50.00 million, there will be no
Limited and its Subsidiaries Management’s Discussion and Analysis for the third quarter of 2017 ended 30 September 2017 Executive Summary For the third quarter of 2017, Thai economy grew more than 3.0
with growth higher than the Bank in-house research forecasted of 8.0%. The number of new car sales for the first 11 months of 2017 totaled 767,345 units, a growth of 12.5% with the growth for the
showed continuous recovery with growth higher than the Bank in- house research forecasted of 8.0%. The number of new car sales for total year 2017 totaled 871,647 units, a growth of 13.4% with the growth
acquisition of the shares of GLOW (the “Acquired Cost”) and is required to make a tender offer for the shares of GLOW at the price of not less than the purchase price of the shares of GLOW according to the
the price of not less than the purchase price of the shares of GLOW according to the Shares Purchase Transaction or the Acquired Cost, whichever is higher. Since EHT does not possess any other business
that Thai economy will grow faster than the same period last year, reflecting in a higher GDP. Export and tourism sector are the main factors that support Thai economy in the second quarter. In addition