baht or 67.5%. The major changing in liabilities in 2018 is the Company issued more debentures 1,150 million Baht to acquire distress debt and liabilities from insurance business. The Company’ Debt to

means of subscription of newly issued shares of Hero Experience and acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”. Details of the Share Acquisition Transaction

: 392,000,000 Baht Paid-up Capital : 392,000,000 Baht Transaction Summary : The Company will acquire Phoenix’s existing ordinary shares of 134.60 million shares from Nithipatratrat family, the existing

changed. Details of changes in payment method are as follows: Before entering the transaction. - From original The Company is required to acquire 100% of the shares High East Capital Holdings Limited ("HECH

million newly issued shares to PLANB (accounting for 19.96 percent of the paid registered capital after the private placement), at 1.4381 baht per share, totaling 1,553.15 million baht. The remaining

shareholders, or controlling person of the Company and its subsidiaries. The Buyer shall acquire 1,350,000 ordinary shares at a par value of Baht 100 per share representing 30.00 percent of the issued and paid

Company no. 2/2019 was held on March 13, 2019 had approved the Company to acquire shares of TBSP which is connected transaction from the Seller. Details of the transaction are presented as follows

- - Total liabilities - - Shareholder's Equity Issued and paid-up share capital 2,393,600.00 1,700,000,000.00 Unappropriated retained earning (995,419.93) (706,974,379.00) Total shareholders' equity

), representing 89.12% of the total issued and outstanding shares in Permata (the Transaction) in accordance with the resolution of the Board of Directors’ Meeting No. 12/2019, given on 11 December 2019. Each of

100 percent shares held by the Company, to acquire the additional ordinary shares in the amount of 16,875 shares, equivalent to 30 percent of the total shares of COMASS from the Seller at the purchase