meeting and have no right to vote in the meeting, had consciously considered and has approved the connected transaction following the aforesaid reasons, as well as has considered that the transaction will
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 potential. For
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 potential. For
director approved to rent the office area from Tang Mong Seng Holding Company Limited which located at 1168/68-69 Floor 24 Lumpini Tower, RamaIV Road, Tungmahamek, Satorn, Bangkok 10120. The transaction
resolved the matter as follow; Connected transaction The Board of director approved to rent the office area from Tang Mong Seng Holding Company Limited which located at 1168/ 68- 69 Floor 24 Lumpini Tower
Company for the period ending September 30, 2018). Since the transaction value does not exceed 3.0 percent of the net tangible assets of the Company, it is required that the transaction be approved by the
transaction. 2. Approved the Company to pay an amount of Baht 13,200,000 to Namchai Property Development Company Limited for the 30-years lease, planned to completely register the leasehold within the 1st
transaction must be approved by the Board of Director and disclosed the information to The Stock Exchange of Thailand without the approval from the shareholders. (2) Appointment of the Company’s Executives The
baht and the 3% of NTA was equal to 35.43 million baht. Therefore, the said connected transaction must be approved by the Board of Director and disclosed the information to the Stock Exchange of Thailand
of 30 June 2019 of the company which is more than 0.03 percent but not more than 3.00 percent of the net tangible assets of the Company. The said transaction must be approved by the board of directors