of Newly Issue Shares by Listed Companies to the Specific Persons (4) The Company has follow the regulation in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 34

Capital Market Supervisory Board No. TorChor. 72/2558, Re: Approval of Offering for Sale of Newly Issue Shares by Listed Companies to the Specific Persons (4) The Company has follow the regulation in

guaranteed by the Ministry of Finance and subject to the regulation whereby the holders of such bonds are entitled to redemption under a firm quotation price or at a minimum price pre-determined on the issue

policy and enhanced our operational procedures and communicated to our staff to ensure compliance with this regulation.  Commercial Banks’ Service Channels The Bank of Thailand (BOT) issued Notification

registered capital of Baht 400 million and paid-up capital of Baht 300 million. VAVA is a leader in the production of big bag and packaging industry with modern machinery and team with over 20 years of

regulation in relating to the establishment of a foreign corporation. In additional, the Company shall still held the position of managing director in order to maintain the managing duty at the post

Corporation Plc. regulation standards enforced since the previous April. Supply side saw various refineries in Europe, Asia, and the U.S. going through emergency shutdowns, tightening supplies.  Fuel oil

Depreciation and writing off bad debt and doubtful accounts Income tax to be written off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies

Adjustments to reconcile net earning to net cash (loss) from operating activities Depreciation and writing off bad debt and doubtful accounts Income tax to be written off (Gain) Loss from regulation of

off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities