plan proposed by the executives of Blue Finix in order to consider business strategy accordingly. 2. Investment in the Philippines: The meeting of the Board of the Directors of the company held on

possible method which least effects the project costs is the transportation of the waste water out of the project, but such method would result in the material increase of costs by around 30 percent

cash flow (“DCF”) and Guideline public company method (“GPCM”) when determine the fairness of valuation is reasonable to be between 1 : 5.44 and 1 : 5.92 (details as shown in attachment 1), therefore

. In addition, this framework adopts a four-pillar approach, structured around how organizations operate, which are governance, strategy, risk and impact management, and metrics and targets. On 20

value is derived from this method of calculation, whereby the calculation is based on the Company’s reviewed consolidated financial statements as of 30 September 2017. When combining with the transaction

Tel. 0 2204 2601 Fax. 0 2204 2616 Basis Method Transaction Size 1. Net Tangible Assets: NTA = % of shares acquired x NTA of target company x 100 NTA of the Company *Not applicable since the NTA of NEXT

, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 Basis Method Transaction Size 1. Net Tangible Assets: NTA = % of shares acquired x NTA of target company x 100 NTA of the Company *Not

Transaction is not exceeding THB 2,235.00 million or equivalent to 14.34% pursuant to the total value of consideration method. The Disposition of Assets Transaction size is less than 15.00%, so it is not

has considered such Share Purchase Price based on the fair value of GSG’s business which is appraised by the discounted cash flow approach. Such appraisal has been made by the financial advisor by

account of the Company KYE : Commitment to pay or earn the interest at the rate and method as agreed in the agreement There is no expiration of the agreement. 4. Total Value of transaction : [Net tangible