Determination regarding Types of Transaction in the Capital Market Allowed to Use Form of Trust (No.2)

of Capital Flow The Company will use its excess cash flow for this acquisition and still have adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the

details relating to the Transaction to the Stock Exchange of Thailand (SET) 7. Financial Source and Adequacy of Capital Flow The Company will use its excess cash flow for this acquisition and still have

person or group of persons holds investment units in the amount exceeding the said limit, asset management company will be prohibited from distributing dividend and counting vote in the excess portion. The

unsubscribed shares to those shareholders who have expressed their intention to subscribe for shares in excess of their shareholdings in accordance with their shareholding for another round with the same price

, Thailand’s pastry and bakery industry face fierce competition from both direct and indirect competitors as result from (1) Pastry and bakery industry face a threat from a price war; hence competitors often use

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

are left over shares from the allotment to the current shareholders. The excess shares In the case that there are more shares remaining than the subscription The company will allocate shares to

2019 Paid 7June 2019 Paid Last payment 25July 2019 Last payment 25July 2019 Last payment 25 July 2019 Transaction Size 30.39% 4.34% 43.39% 3.05% 43.63% 9.60% 13.06% 147.46% Source of Fund - Excess

) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend