interests voting in the meeting, had consciously considered and unanimously approved the management to sign on the Technical Cooperation Agreement Hwa Fong Rubber Industry Co., Ltd. For the reasons mentioned
Audit Committee has considered the purpose of transactions is supporting normal business transaction of the Company with fair and reasonable transactions. Opinion of the Board of Director: The Board of
0.03% of the Company NTA but less than 3% of NTA of the Company. Opinion of the Audit Committee: The Audit Committee has considered the purpose of transactions is supporting normal business transaction
. Opinion of the Audit Committee: The Audit Committee has considered the transaction and has opinion that the management fee is reasonable and be proposed to the Board of Directors for further approval
Human Resource Committee. 3. Type and size of transaction, basis used to determine service fee and payment method 3.1 Type and size of transaction This transaction is considered as a services transaction
. 6. Transaction Size According to Notification of Connected Transaction The Transaction is considered as connected party transaction as prescribed in the Notification of the Capital Market Supervisory
considered as connected party transaction as prescribed in the Notification of the Capital Market Supervisory Board No. TorChor 21/2008 re: Related Parties Transaction and the Notification of the Board of
million baht or 0.93% which more than 0.03% but less than 3% of NTA of the Company. Opinion of the Audit Committee: The Audit Committee has considered the transaction and has opinion that the management fee
transaction was 0.28% (calculated by the total of value consideration basis) This transaction is not considered according to the Notification of the Capital Market Supervisory Board No. Tor.Chor.20/2551 Re
total Asset value of the Company. Thus, it is considered as transaction concerning acquisition and disposal of Asset in accordance with Notification of Capital Market Supervisory Board Ref. No. ThorJor