the net tangible assets of the Company. The meeting resolved to approve the appointment of Absolute Advisory Co. ,Ltd to be the independent finance advisor of the Company to give opinions on the

”), with the highest transaction value of 45.04 percent base on the net tangible asset basis, calculated from the latest audited consolidated 9-month financial statements ending 30 September 2017 of the

by the total value of consideration equivalent is 14.57%, calculated by the net tangible assets method according to the consolidated financial statements of the Company as of September 30, 2018 and

to the information from the audited financial statements for the period ended 30 September 2019 as follows: (1) Calculation based on the value of net tangible assets (NTA) Not applicable as NTA

amended Upon calculation of the maximum transaction size is equal to 2. 38 percent based on the net tangible asset ( NTA) criteria ( calculated by using the information shown in the company's consolidated

29, 2004 (as amended) (the “Acquisition or Disposition Notification”). Details of the calculation are summarized below: 4.1 Comparison of Net Tangible Assets Size of Transaction = Net tangible assets

calculation of the transaction size are as follows: Basis Calculation Transaction size (Percent) Net tangible asset basis THB (61.32) million 1/ THB 1,331.27 million 2/ -4.61 Net profit basis This basis cannot

aforementioned transaction is considered as the receipt of financial assistance. The size of the transaction is approximately 0.24 percent of the Company’s Net Tangible Assets (NTA) (NTA of the Company as per the

of Assets. From calculation the transaction found that size of transaction according to Net Tangible Assets Basis is highest equivalent to 15.89%, which the scope of transaction type 2. The Company

is equivalent to 0.30% of Company’s Net Tangible Asset (NTA) of THB 2,976.34 million (as of 31 December 2017), which is higher than 0.03% but less than 3% of the Company’s NTA. Hence the Company shall