Public Company Limited Seller : PVS Machinery (Thailand) Co., Ltd Shareholder name Mr. Vimol Hawanit 38.00 % Miss Sawangjit Hawanit 30.00 % Mr. Sumet Hawanit 30.00 % Mrs. Bang-On Hawanit 2.00 % Total

Innovation Public Company Limited Seller : PVS Machinery (Thailand) Co., Ltd Shareholder name Mr. Vimol Hawanit 38.00 % Miss Sawangjit Hawanit 30.00 % Mr. Sumet Hawanit 30.00 % Mrs. Bang-On Hawanit 2.00

service increased by Baht 340.04 million, or 50.70%. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to

increased by Baht 179.50 million, or 36%. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to improve production

mortgage and encumbrances i.e. building structure, machinery, materials equipment and non-used equipment, etc. of Tak Smelting Plant as follows; 1. Date of Transaction : Within August 2019 2. Related parties

to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by

additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments

total assets. This is classified as class 2 of the Notification on Asset Acquisition and Disposal with the size of higher than 15% but less than 50%. The transaction value is calculated as per the

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

for the purpose of building new manufacturing plant in Thilawa Special Economic Zone. Lastly, the absence of non-current assets classified as held for sale (THB -1,186.1 million) this year was due to