of all shares in the Company and also being a shareholder in TBSP holding 17.80 percent of all shares in TBSP. General Characteristic of the Transaction and Size of the Transaction The transaction is
Characteristic of the Transaction and Size of the Transaction The transaction is the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the
which is to be established and CPN REIT Management Company Limited, in which CPN is holding 99.99 percent of shares, will be the REIT Manager. 3. The general characteristic of the transaction 1) Type of
decreased by 18.0% in order to support festive and seasonal sales demand • Allowance of the decline in value of inventory decreased by 80.0% from obsolete and long aged finished goods • Selling expenses
: Manufacturer of finished garments Issued and paid-up share capital : Baht 30,000,000.- classified into 3,000,000 ordinary shares, with par value of Baht 10 per share Pre-transaction shareholding level : 573,000
decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to
million, increased by 3.2% mainly due to writing off the obsolete finished goods. As a result, the company reported net loss of Baht 8.1 million compared with a profit of Baht 6.6 million in the same
by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown
Company have neither ability to manage finished goods (HRC) nor trade negotiation. Due to the Company had no choice but necessary to sell them just for generating income circulating used in the business
Characteristic of the Transaction, Category of the Transaction and Size of the Transaction The Company has agreed to the acquisition of Target’s shares by making a conditional voluntary tender offer in accordance