which evaluated by company management. 8. The Benefits Expected to be Received by the Company Since the company manufactures paints for industrial use, most of the company's products are sold to

obtained from negotiations between the Company and the Seller, the fair value of which had been evaluated by Capital Advantage Company Limited (“CapAd” or the “Financial Advisor”), which valued ART and AWM

shares in the proportion of 30.00 percent of the total issued shares of UWM were the value obtained from negotiations between the Company and the Seller, the fair value of which had been evaluated by

fair value of which had been evaluated by Capital Advantage Company Limited (“CapAd” or the “Financial Advisor”), which valued ART and AWM at Baht 493.37 million and Baht 148.01 million based on a 30

(excluded VAT). The details are as follows: Details (Unit : Million Baht) Fair value of the right to sell the advertising time during the broadcasting of 254.79 Golf European Tour Program evaluated by a

Index Furniture Center - Tha Phra Branch Due to the expiration of the lease agreement of Index Furniture Center - Tha Phra branch, the Company has thoroughly evaluated the worth of the investment and then

Baht 2,896,834,342 to Baht 2,348,135,754 by cancelling 548,698,588 shares at a par value of Baht 1.00 per share. As such shares are the remaining shares which reserved for the existing shareholders by

proportion to their respective shareholdings in the Company and KSL (as the case may be). The allocation ratio will be later determined and notified. The IPO shares remaining unsubscribed from the Pre-emptive

Baht 2.01 million and expect to be complete and recognize the remaining amount as revenue in fourth quarter of 2019. In business segment Industrial and OEM (B1) continue marketing strategies that focus

debentures of approximately THB 64 million, and, most of the remaining amount, interest payment related to liquidity management. 5 Corporate income tax expenses Corporate income tax expenses amounted to THB