the resolution of the Board of Director Meeting No. 3/2020, held on May 11th, 2020 of Hwa Fong Rubber (Thailand) Public Company Limited. has approved the connected transaction to increase the market
or approximately Baht 15,718,080 Pricing policy At Book value (transaction amount) and near market value Payment term By cash with 60 days of credit term The reason CCMY sold equipments to KPPH for the
of trading capital market products for the benefit of itself or other persons before the data has been disseminated; (3) trading or entering into a transaction of capital market products by using
Estimated Shareholding of the Company after IPO Not less than 62.68% shareholding Proposed Transaction parties Publicly trade in Taiwan stock exchange market (the “TWSE”) Estimated completion date Q1/FY2021
). - 2 - In addition, such transaction is also considered as an acquisition transaction of the subsidiary’s assets of the listed company. This is according to the announcement of Capital Market Supervisory
. Assessor : The Valuation & Consultants Company Limited Method of Valuation : Market Comparison Approach Date of Valuation : 17 May 2019 6. Transaction Volume 6.1 The above transaction is conformed to related
cost of funding. The interest rate charged from the transaction is considered to be a market rate as dealing with financial institution and close to the rate that the Company funding from financial
approved the entering into a transaction by the Board of Directors and required to disclosed to the SET in compliance to the Notification of the Capital Market Supervisory Commission No. Tor Chor 21/2551 Re