Board of Governors of the Stock Exchange of Thailand. In addition, having considered value of consideration, only the transaction of subscription in portion of unsubscribed shares of other shareholders

UNOFFICIAL TRANSLATION Codified up to No. 12 As of 14 February 2017 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for

based on the consolidated financial statements for 9 months ended 30 September 2017 of the Company and the Target, on the criteria according to the Acquisition and Disposition of Assets Notifications

), infrastructure and machines required to carry out the business. The investment in the 2 projects, are considered to fit under the criteria of investment. In calculation of the transaction value the consolidated

when calculated from 12-month period net profit criteria consideration, based on the latest reviewed consolidated financial statement ended March 31, 2017, which equals to 10.28%. In addition, when

Disposal of Investment in SUT Global Co., Ltd. (Enclosure 1). However, the Investment Disposal Transaction shall proceed only after the conditions precedent as specified in the share purchase agreement of

consolidated financial statements, which is a record of asset impairment in the Gulita and Mid-Galoc oil fields, and the assessment of resource reserves in the Galoc field which was lower than last year. In 2017

appeared in the consolidated financial statements of the Company as of June 30, 2020. Therefore, the Company is entitled to issue and offer its newly issued ordinary shares at the offering price lower than

. The transaction size is equivalent to 98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and

98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and after computing of the foregoing with