connected persons are as follows: Related Person Position Relationship with Director % Shareholding FVC KTMS FVC KTMS Dr. Wijit Techakasem Director and Managing Director Director and Managing Director

shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by Thai Bond

company and shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by

entrusted to sell or redeem investment units, as the case may be, of mutual fund; “Staff” means any staff and employee of the management company and shall include managing director or equivalent which is

buy back shares for the purpose of financial administration in the case that the Company has retained earnings and excess liquidity, provided that such buyback of shares shall in no way give rise to any

view of such shareholder; (2) The Company may buy back shares for the purpose of financial administration in the case that the Company has retained earnings and excess liquidity, provided that such

Company. In this regard, the Company has entered into a negotiation with Mr. Chanet Phenjati (“Mr. Chanet”), the Managing Director, director, major shareholder and creditor of the Company, and Mr. Chanet

have to buy the high material cost which we had bought in advan cost is used up almost all in 2 nd and 3 Administration and selling expenses is decreased from last year due to the budget controlling

existing customers have reduced their minimum order due to in February 2022, the Committee on Energy Policy Administration (CEPA) has a resolution for adjusting the proportion of biodiesel mandatory from B7

% from selling expenses the amount of THB 59.93 million in the year 2013. The major contributions were the cost of transportation and products insurances. Administration Expenses The company’s