% on the date of the transaction Criteria Use in Determining Value of the Transaction Using replacement cost value appraised by Simon Lim & Partners Company Limited, a Real Estate and Machinery Valuers

replacement cost value appraised by Simon Lim & Partners Company Limited, a Real Estate and Machinery Valuers. 6. Transaction Size According to Notification of Connected Transaction The Transaction is

cost following the widened average DTD/DB spread. Further, crude oil price significantly drop during the year end, led to the refinery business to record Inventory Loss of THB 1,489 million Management

rate. 5. The expected benefit to the company The company will receive profit from this transaction because of selling price is higher than cost. 1,075.82 ( 2,591.82-1,516) million baht. The company will

Revenue Increase in total revenue in 2018 due to increase in sugar sales volume from 687,046 tons last year to 1,091,228 tons or increase by 59%, however average selling price decrease from 17,362 THB/ton

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF

because its price was more attractive than synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols

., Ltd.’s logistic cost in accordance with increased sales volume, (4) lease payment for oil depot and land for service station expansion, and (5) office expenses. 5. Gains from crude and product oil price

; Revenue decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 10 – 12 cent/lb now, due to global sugar supply is

Baht 335.29377 and total purchase price of up to Baht 270,000,000, which is higher than the par value. The Subscription of newly issued shares will be done by the Company jointly with Mr. Niti