Transaction is not exceeding THB 2,235.00 million or equivalent to 14.34% pursuant to the total value of consideration method. The Disposition of Assets Transaction size is less than 15.00%, so it is not

based on a total value of consideration paid basis, calculated from the audited consolidated financial statements of the Company for the year ended 31 December 2017. In the previous 6- month period, the

amended) (the "Notification on Acquisition or Disposition of Assets") which has the highest size of the transaction equal to 43.181 percent pursuant to the total value of consideration test, calculated

consideration basis which includes loan and any guarantee by the Company to WCIH, will be equivalent to 23.42 percent. Without any disposal transactions occurred during the past six months prior to these

. 2547 (2004), which is equivalent to 3 7.06%, in size of the highest calculation of the transaction size based on the total value of consideration paid basis relative to the total asset value of the

-up capital in TSE Overseas Group Company Limited on 26 April 2018.   - 2 - 3. To propose to the extraordinary general meeting of shareholders for consideration and approval the aquisition of the

Vacharaphol Project in the amount of not exceeding THB 216,000,000. The total obligations and expenses that will occur as mentioned in 1.-3. above, shall make the value of consideration in total of not

transfer consideration to the Company in an amount of Baht 177,121,770 (the “Selling Price”). In this regard, such transaction constitutes an asset disposal transaction pursuant to the Notification of the

of Assets”). When considering the calculation of the transaction size according to the total value of consideration criteria compared with the total assets of the Company and the Subsidiary according

did not have any acquisition of assets which is required to be calculated in the past 6 months, and this transaction has the highest size of 16.28% according to the Total Value of Consideration