acquisition proportion x 100 NTA of BKD N/A Cannot calculate because HECH was established on January 18, 2019 and has no financial statement 2. Net Profit % x Net profit in the acquisition x 100 Net profit of

distribute its dividend to shareholders at a rate not less than to 40 percent of its net profit based on the Company’s separate financial statements after corporate income tax and after legal reserves each

and individual investors with a stable financial position who are able to invest in the Company to support and increase the liquidity of the Company. The offering price of the newly issued ordinary

, totaling Baht 35,000,000, equivalent to 6.40 percent of the registered and paid-up capital All of them are corporate and individual investors with a stable financial position who are able to invest in the

highest value from the base of net operating profit, the transaction size equals to 165.70% computed from the latest financial statement ended September 30, 2017 (No other acquisition transaction per

Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Statement of income 11 Financial Position 32 Management’s Perspective towards 2020

19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q3/2019

(%) Note 1. Asset Value % x NTA in the acquisition proportion x 100 NTA of BKD N/A Cannot calculate because HECH was established on January 18, 2018 and has no financial statement 2. Net Profit % x Net

financial statement 2. Net Profit % x Net profit in the acquisition x 100 Net profit of BKD N/A 3. The Value of Consideration Value of consideration paid x 100 Total Assets of BKD 760,000,000 x 100

tangible asset of the Company from the consolidated financial statement = (THB 591,338,795.54 x 50.0 percent) x 100 / THB 1,574,050,588 = 18.78 percent 2. Net profit = Net profit from the operating result of