disposal of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) constituting a Connected Transaction, Reduction of Registered Capital, Increase of Registered Capital, Amendment of Memorandum of Association, Waiver from the Requirement to Make the Tender Offer for all Securities of the Business by Virtue of the res...

%, because the price of natural rubber, which is the main raw material for production, decreased. • Selling expenses decreased 2.46 million baht or 6.04 % due to higher operating efficiency and other expenses

company had cost of sale Baht 157.93 million compare with the same period of previous year amount to Baht 152.35 million, increase Baht 5.58 million or increase 3.66%, because cost of material higher than

significantly, but the price of imported raw materials were on a continuous upward trend, thus the cost of raw material increased consequently. Total labor cost including requirement of outsourced labors

, which was in line with the increase in sale, an inventory increase Baht 20.29 million , because reserve of raw material for new product and work in process increase by customer order. 1.2 Non current

Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA

Notification of the Capital Market Supervisory Board No. Tor Chor. 20/2551 regarding the Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of the Board

following material matters: 1. Approved to propose to the Extraordinary General Meeting of Shareholders No .1 /2018 to consider and approve the reduction of the Company’s registered capital in the amount of