Public Offering of Securities. It is therefore necessary to adopt this Notification.

is to determine criteria on governance and business takeover which are proper and corresponding to nature of foreign ETF. It is therefore necessary to adopt this Notification.

of investment or divestment for more than 10% of the registered capital. 9. Opinions of the Board of Directors The Board of Directors has an opinion that it is necessary to sell the shares and use the

of Directors has considered the agreement and has opinion that the transaction is necessary and reasonable.

auditors of the New Company and other matters necessary for the amalgamation. The shareholders’ meetings of SRT and GCT for consideration and approval of the amalgamation and the joint shareholders’ meeting

is necessary and reasonable.

be proposed to the Board of Directors for further approval. Opinion of the Board of Director: The Board of Directors has considered the transaction and has opinion that the management fee is necessary

technical production, production flow, machine standardization, raw material standardization, diagnostic, testing and process control including the procedure and patent and other necessary information

, procedure and technical production, production flow, machine standardization, raw material standardization, diagnostic, testing and process control including the procedure and patent and other necessary

develop and expand business. So, it is necessary to increase fund for growth business in the future. 6.3 Ramkhamhaeng expects to receive benefit come back in dividend form at preferable rate. 7. Sources of