offering to fund new construction projects, which are still in the contract drafting and negotiation stages, introduces uncertainty. Therefore, they cannot comment on the appropriateness and reasonableness

consider investing in OW; the sources, appropriateness, and reasonableness of the assumptions used for OW’s share price and swap ratio; the reason for not seeking shareholder approval for the OW asset

of Directors concerning a decision to enter into a connected transaction, specifying the reasonableness and the highest benefit to the Company comparing with a decision to enter into a transaction with

the Board of Directors concerning a decision to enter into a connected transaction, specifying the reasonableness and the highest benefit to the Company comparing with a decision to enter into a

or 48.04% 6. Funding Source Working capital. 7. Directors who have interest and/or connected persons did not attend and have no right to vote in this agenda 8. Reasonableness of transaction 1) Reduce

Payment will be made every year on June 30th. Reasonableness of entering into the transaction. The Company entered into technical cooperation agreement with Hwa Fong Rubber Industry Co., Ltd., a parent

. Sri Prakash Lohia 2) Mr. Aloke Lohia 3) Mrs. Suchitra Lohia 4) Mr. Amit Lohia 7. Opinion of the Company's Board of Directors and Audit Committee on the reasonableness of the transaction: The Audit

every year on June 30th. Reasonableness of entering into the transaction. The Company entered into technical cooperation agreement with Hwa Fong Rubber Industry Co., Ltd., a parent company, on January 1

made every year on June 30th. (This year, there are an increase in contractual remuneration. So, it will pay after approved by the board.) Reasonableness of entering into the transaction. The Company

Directors and Audit Committee on the reasonableness of the transaction: The Audit Committee and Board is of the opinion that the transaction of acquiring the remaining 26% equity stake in PTIP by INBV from