the entry into the Transaction is reasonable and its for the benefit of the Company and its shareholders as to expand opportunity in the entry into cosmeceuticals and medical business which is consumers

the purchase price is appropriated which refers to the opinion from the Company’s Financial Advisor on share acquisition and finds that the entry into this Transaction is reasonable and created benefits

level at which signified reasonable capital structure and low financial risk. Breakdown of major liabilities Return on equity As at 31 December 2018, shareholders' equity amounted to 33,941 million baht

decrease of 9.2% from 2018 and 4.4% from 2017 respectively. The Debt to Equity ratio of 0.40 times in 2019, a drop from 0.42 in 2018 and 2017, is at a level signifying reasonable capital structure and low

assistance deemed appropriate reasonable and beneficial to business operation and cost of funding. The interest rate charged from the transaction is considered to be a market rate as dealing with financial

company which has potential growth. In addition, the transaction has reasonable conditions of Leyland’s shares acquisition and the purchase price is below the appraisal price which can increase the

reasonable and will benefit the Company and the shareholders as detailed in section 8, and resolved to approve disposal in Thai Solar Energy Public Company Limited (“TSE”) by offering all of total shares in

reasonable purchase price. In addition, the Company’s Board of Directors (excluding interested director) has verified all of the purchasers’ financial status and viewed that all of the purchasers have the

assets transaction as well as the related transaction, which is necessary and reasonable to transact in accordance with the framework prescribed by the Board of Directors of Vinythai. The details of the

account of necessary and reasonable cause, in accordance with steps and procedurse specified in the public handbook; (4) submit a notice of result of such implementation to the SEC Office within two