significant decrease in the demand of the shipping. These factors have negatively affected the operation of the shipping business group and they also significantly affected the Company. In this regard, the

- drink milk, drinks 290.89 179.68 767.79 526.20 111.21 61.89 241.59 45.91 Immovable property business 4.69 4.71 14.16 14.09 (0.02) (0.42) 0.07 0.50 Agriculture and dairy farm 10.88 13.79 42.97 48.93 (2.91

profits of the Company = Cannot be calculated as the Company has loss on the business operation (3) Calculation based on the total value of consideration criteria Transaction size = Compare total value of

milk, drinks 178.92 106.37 346.52 213.90 72.55 68.21 132.62 62.00 Immovable property business 4.72 2.82 9.38 5.53 1.90 67.38 3.85 69.62 Agriculture and dairy farm 17.76 10.44 35.14 20.57 7.32 70.11 14.57

- drink milk, drinks 179.68 132.63 526.20 346.53 47.05 35.47 179.67 51.84 Immovable property business 4.71 3.59 14.09 9.12 1.12 31.19 4.97 54.49 Agriculture and dairy farm 13.79 8.93 48.93 29.50 4.86 54.42

1 Translation CEN 015-2020 August 14, 2020 Subject Notification on disposal of investment in subsidiaries (Biomass Power Plants Business) of Ua Withya Public Company Limited To The Manager and

, reported a net loss of THB 29 million which still showed growth of 68.5% yoy. 1H18 Operation Result In 1H18, the Company reported the total revenue of THB 2,824million, up 8.8% yoy. Hotel Business, Education

ended March 31, 2019 As of March 31, 2019, the Company and its subsidiaries had significant business with connected entities. Such business is complied with the commercial conditions and criterions as

competition in a restaurant business and a continuous economic slowdown in both counties. In 1Q18, the Company generated revenues from the food and bakery wholesales in the amount of THB 145 Million which

shares of ASB Cambodia and provide opportunity for AFS to enhance ASB Cambodia’s operation and performance for business growth in the future. Opinion of the Board of Director: The Board of Director’s