diapers, the market remained steady. However, the Company still expanded the adult diaper market by cooperating with the minor diaper manufactures which are our customers, and we believed this market will

as follows: Pace Project One Co., Ltd. (PP1) 1st Independent financial advisory Method Business valuation Common Share Value Equity value (Low Case) 5,058 million Baht (910)* million Baht * The Company

leader position in top-up kiosk market. In 2017, the company owned 22% of the market value of Bt133,000mn, increasing 5% from 2016 which is 16% of the market value. However, at the end of 2017, the

will fully focus on international expansion across the ASEAN market. This will enable MACO to leverage PlanB’s platform, contents, and secure minimum guarantee. Moreover, the integration efforts between

method Transaction Size = Amount of the consideration Total assets of the Company = 925.11 MB 3,316.83 MB = 27.89 % Note: Closing market price, as of 7 December 2017 at 4.96 Baht per share. 4) Value of

Assets Value 6.20% 2. Net Profit (12-month period) 32.52% 3. Total Value of Consideration 2.42% 4. Value of Issued Equity NA The transaction size of the Transaction calculated based on the 12-month period

of the listed company = Baht 9.90 Million / Baht 318.64 Million 3.11% Calculation Basis Calculation Details Transaction Size 4. Value of Issued Equity = Number of shares issued by the listed company as

domestic market that has seen increased import of Tabletop Glassware due to strong Thai Baht. Thai Baht appreciation against all major currencies significantly affected export sales. Domestic sales portion

(“NBC”) in the total value of 70.00 million Baht having details as follows: 1) the Company to sell the “Komchadluek” trademark to NBC; and 2) the Company to procure Komchadluek Media Co., Ltd. (“KMM”), a

) Details of disposal of assets Name of Company : Myanmar SPA-Today-Far East Company Limited Type of business : Advertising agency Registered Capital : Kyat 500,000.- divided into 500 shares at the value of