production of OEMs of 450-500 million INR. The Company has assessed and analyzed the possibility of the additional investment with a return on investment (IRR) of no less than 17.57%, Net Present Value (NPV

share price of 0.80 baht per share is deemed inappropriate as it is below the fair value range of 1.07 – 1.30 baht per share, as assessed by the IFA. Therefore, the IFA advises shareholders not to

and agreed that Particle Planner Company Limited (subsidiary) purchases the mentioned machine from Vanachai Veneer and Plywood Company Limited (related company) in 20,250,000 Baht (assessed by an

nor significantly different from the average values of the land assessed by an independent appraiser approved by the SEC. An appraiser is Ultima Appraisal Company Limited, who made an assessment on 3

) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than nor significantly different from the average values of the land assessed by an independent appraiser

acquisition and disposal of assets yearly 2004 (“the Law and Regulation”), which the highest value of the Transaction is 20.81% calculating from the Regulation of Total Value Repayment. The details of the

, PP2, PP3, and PRE having the total statutory assessed value of THB 175 million. 7.2 The Purchase of Share in PP1 and PP3 The total value of the purchase of shares from Apollo and Goldman equals to the

which is jointly owned by PP1, PP2, PP3, and PRE having the total statutory assessed value of THB 175 million. 7.2 The Purchase of Share in PP1 and PP3 As the Company has negotiated with Apollo and

ASEAN Top 20 and ASEAN Asset Class Awards. This has shown listed companies’ strong commitment to good governance and responsible business conduct throughout the value chain that results in sustainable

value of the assets assessed by the financial advisor and asset appraiser with discount of 10% In addition, the Board of Directors deemed it appropriate to propose that the shareholders meeting consider