the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However

staff at the present time and in the future. The price of such land to be purchased is lower than the market price as appraised by an independent appraiser, namely, Fanix Appraisal Company Limited (an

, registration fee, specific business tax, and stamp duty which related to the registration of land transfer. The local maintenance tax and property tax will be borne by the Company. Status of property At present

ือ้ขาย 4.5 วธิกีารในการกําหนดราคาซือ้ขาย ซือ้ขายในราคาตามมลูคา่ปัจจบุนัสทุธ ิ“Net Present Value” 5. ผลประโยชนท์ีบ่รษัิทจะไดรั้บ เพือ่เพิม่สภาพคลอ่ง และรองรับการขยายตัวของธรุกจิหลัก 6. ลักษณะและขอบเขตของ

present paying 550,000 baht per month or 6,600,000 baht per year. 2) It can limit the risk if the Company is forced to sell by an auction because of default paying. The force-sell price may be only

decision to be conformed to the Court of First Instance’s judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the Company has recorded

current seven persons to be a director for the Company, follow the proportion of shares held by the investor. Hence, such issuance of the newly issued shares to the investor is considered a connected

considered a transaction to a potential controlling person of the Company. Furthermore, the investor will have the rights to nominate three persons from the current seven persons to be a director for the

and Enclosure 1 4 Communication Technology of Mahidol University Occupation/experience: Present - 2013 Director of Paragon Agritech Co., Ltd. Present - 2014 Director of Lamair Palm Oil Co., Ltd. Present

totals Baht 357,000,000 as a consideration of the first portion of S-TREK shares does not correspond with the current market price and causes Mr. Jirasak to be in a disadvantage position in entering into