Exchange of Thailand No. GJS/ELCID-02/2562 Re: Reports on Connected Transaction (the extend period for granted financial assistance) dated 18 January 2019 Enclosure Reports on Connected Transaction
MK are considered an acquisition of assets under the notification of the Capital Market Supervisory Board No. Tor Chor. 20/2551 Re: Rules for the Transaction with Significant Acquisition or Disposition
Board Member and Shareholder 1 0.00% 6. Plan to use proceeds from disposing of assets. Used as working capital of the company. 7. Reasonable and necessary in the transaction On March 19, 2017, at the
the financing cost of the Lender. Therefore, it is reasonable to increase the efficiency of capital management and reduce financial costs; including the risk of non- payment according to the transaction
. Compared with the estimated cost of machinery, labour, and special techniques required to complete the designed products. That is a reasonable price. Thus, the transaction amount with Cherdchaiwon is
reduce risk of investing. Therefore the Company’s Board of Directors consider this transaction is reasonable and will bring more benefit to the Company and shareholders. 11. Opinions of the Audit Committee
the Company’s Board of Directors consider this transaction is reasonable and will bring more benefit to the Company and shareholders. 11. Opinions of the Audit Committee and/or directors of the Company
any facts that are material. 3. Opinions of the independent expert on the entering into the transaction The Company has appointed Capital Advantage Company Limited as the independent financial advisor
Directors has exercised due care in the consideration and examination of information and has opined that the private placement transaction is necessary and reasonable to the Company’s financial position and
company which has potential growth. In addition, the transaction has reasonable conditions of Leyland’s shares acquisition and the purchase price is below the appraisal price which can increase the