liabilities” means total liabilities deducted by qualified liabilities. “total liabilities” mean: (1) all liabilities shown in the financial statement but not including the following liabilities: (a

reviewed consolidated financial statement of the Company and its subsidiaries as at June 30th, 2018. Size of Transaction = Value of Transaction / Net Tangible Assets = THB 25,500,000 / THB 11,583,788,020.56

audited consolidated financial statement of the Company and its subsidiaries as at September 30th, 2019 Size of Transaction = Value of Transaction / Net Tangible Assets = THB 96,6000,000.00 / THB

17.93 percent when including the value of transactions of the same type in the past 6 months, the total value of transaction equals to 24.83 percent which is calculated by the financial statement as of

November 8, 2017) for a period of not more than 2 years from the first draw down date with additional in mortgage value for the same Land, Building, and Machinery Mortgaged in order to use the fund as

as of November 8, 2017) for a period of not more than 2 years from the first draw down date with additional in mortgage value for the same Land, Building, and Machinery Mortgaged in order to use the

assets by calculating from the consolidate financial statement of the Company and its subsidiaries as at March 31, 2018 Size of Transaction : = Value of Transaction/Net Tangible Assets = 101.23 million

the collateral. Term of Loan : 12 months Collateral : Debenture amount of 10 million baht of Mr. Boonyong Sawatyanon Fee of the Collateral : 1% per annum 4) Objective For Working Capital 5) Total Value

statement of the Company as of end of 2019) Items Value (million baht) Total assets 20,372.8 Intangible assets 1,039.9 Total liabilities 15,140.4 Non-controlling interests 1,847.0 Total net tangible assets of

the financial advisor who jointly prepares and certifies the Registration Statement to be appropriate and capable of making an appraisal that reflect the true value reliably and sufficiently. Such