the conditions, the appropriate value for trading and expansion of facilities to packaging. The Board of Directors had opinions that the acquisition of assets mentioned above is appropriate transaction

value for trading and expansion of facilities to packaging. The Board of Directors had opinions that the acquisition of assets mentioned above is appropriate transaction and will benefit for the Company

thanks to the marketing activities by way of the launch of new products (crispy seaweed and grilled seaweed, Kimchi Flavor), the expansion of Taokaenoi Land Shop, The Market Branch, and the utilization of

of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency

March 2020 14 | P a g e Future Outlook Younique Customized Furniture 4.0 store upgrade instead of store expansion At the end of Q1/2020, the Company had 12 Younique Customized Furniture stores. To enhance

supporting future business expansion domestically and internationally as well as for the purposes of overall competitiveness in financial management accordingly. The Company will remain as the major and

structure. GFPT Group Expansion Plan In the next 3- 5 years, the Company has planned to grow organically by investing in greenfield projects. We focus on capacity expansion along the stream of our vertical

had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5 years, the Company has planned to grow organically by investing in greenfield projects. We focus on capacity expansion along

full packaging business with enough space for expansion. 6 4. Details of acquired assets Details of WPS are as follows: 4.1 General information 4.2 The shareholding structure before and after acquisition

% battery electric vehicle, as well as after sales service, and will support the investment in Subsidiary company for marketing expansion, including another purchaser (investor) having a good relationship