obtaining approval from the Board of Directors’ meeting No. 8/2017 held on September 8, 2017. It is expected that the Subsidiary will enter into the Agreement to sale and purchase shares with all Leyland’s

to less rainfall and low water level in reservoirs which unfavored for agricultural production. And once it was rainy season, the Northeastern region of Thailand also had a severe flood that caused a

as well as growth in export volume strongly supported growth in consolidated revenue which partially offset by slowdown in feed sales. The consolidated gross profit in 2017 was THB 2,777.55 million

the vote of the shareholders having a conflict of interest. As the Company will pay for acquired assets with share of WCIH, it is considered as two transactions; the acquisition and disposition of

tons or 13%. The demand growth was driven by the government measures to increase domestic crude palm oil consumption; for instance, increasing of the minimum biodiesel mandate from 6.5% to 6.8% from 5th

. Thailand registered a GDP growth of only 2.4% during 2019 against 4.1% in 2018 with the fourth quarter 2019 growth at merely 1.6%. Further, Total Hot Rolled Steel consumption for 2019 at 6.66 million MT

affected by the COVID-19 pandemic, resulted in the sluggish fatty alcohols market’ s purchasing power. Despite, COVID-19 situation has partially recovered, it could not totally return to normal situation in

channel for the company's products. It also reduces the cost of marketing and products distribution, which will increase sales and generate growth for the company in the future. 9. Source of Funds to be

financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the

various projects of a larger size in Thailand and overseas. This will materially increase the business growth rate and operating performance of the Company. 7.4 The Company expects that it will be able to