Capital Market Supervisory Board No. TorChor. 20/2551 (2008) Re: Rule on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset (including the amendments thereof) and the

affected the overall global economy as well as the slowdown of Thailand economy. This affected the production of Thai automotive and motorcycle, as well as the sales and production costs of the Company

by TH 686.96 per ton. This lead to the increase cost of raw material. Cost per unit was increased from cane volume of Crop year 2019/2020 was 1.8 million ton decrease from the same period of Crop 2018

13.33 % due to falling raw material prices and the employee benefit provision is also reduced from Q2, 2019.  Selling and administrative expenses decreased by 20.29% due to the reduced provision for

. Thomas Frakes and company’s stamp Expected Benefits 1. Increased income from the expansion of distribution channels as well as improved service for existing customer base; and more credibility by switching

Transaction is considered as an acquisition of material assets pursuant to the Notification of the Capital Market Supervisory Board Notification No. TorJor. 20/2551 Re: “Rules on the Entering into Material

acquisition of material assets pursuant to the Notification of the Capital Market Supervisory Board Notification No. TorJor. 20/ 2551 Re: “Rules on the Entering into Material Transactions Deemed as the

reduction of raw material costs following the significant drop of oil price during March. 3. Selling and administrative expenses increased by 1.08 million baht or 1.03% from the same period last year. Overall

epidemic situation has influenced and caused China’s and Malaysia’s supply chain to be temporary closed down during the period which therefore caused material shortage and postponed the production for the

. Apart from the distribution disruption, negative factors affecting tourism in Thailand still emerged and caused a material fall in the number of tourists, especially from China, which is our target