value is reasonable in which the Company will receive the expected return. The Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in

of transactions is supporting normal business transaction of the Company with fair and reasonable transactions. The Audit Committee has additional opinion as follow; 1. The Company should allocate the

Company. Opinion of the Audit Committee: The Audit Committee has considered the purpose of transactions is supporting normal business transaction of the Company with fair and reasonable transactions

agenda. 6. Board of Director’s opinions The Board of Directors and The Audit Committee have considered the connected transaction is reasonable and beneficial to the subsidiary company since the rental rate

. 6. Board of Director’s opinions The Board of Directors and The Audit Committee have considered the connected transaction is reasonable and beneficial to the subsidiary company since the rental rate

M.D. 053/2019 February 13, 2019 Subject : Disclosure of the information connected transactions To : President of the Stock of Exchange of Thailand Kang Yong Electric Public Company Limited hereby

(Translation) Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Thailand Tel. +66 2 654 3344 Fax

such related parties transaction was reasonable and benefit for the company regarding the rental price, benefits in using the space and conditions under the lease agreement compared to transitions with

the transaction is reasonable and beneficial to the Company. Loan conditions from RPT are better than loans offered by financial institutions. (9) Opinions of the Audit Committee and/or the Board of

benefit from income diversification into new geographic territories. The Board of Director has considered and viewed that this transaction was appropriate, reasonable and beneficial to the Company and its