calculation of transaction’s size are as follows: 1) Transaction’s size based on net tangible assets Net tangible assets(1) = Proportion of assets acquired x FKRMM’s NTA x100 NTA of listed company and its

31, 2018, as a result, SUTGH’s liquidator shall be responsible to transfer the Company’s shares to SUTGH’s shareholders based on the proportion of SUTGH’s share held by each shareholder, in order to

first time and 69,114 shares for the second time as mentioned in clause 3) The Company will has proportion in GS both direct and indirect holding equal to 46.00 percent of total paid-up capital of GS

agreement, the Company will purchase additional 69,114 shares for the first time and 69,114 shares for the second time as mentioned in clause 3) The Company will has proportion in GS both direct and indirect

and increased by Baht 2,888 million or 117% from Q1/2019. This was mainly due to the following reasons: Executive Summary Comparing Q1/2020 vs Q4/2019 Comparing Q1/2020 vs Q1/2019 YoYQoQ The Proportion

to existing shareholders in proportion to the number of shares held by each shareholder (Rights Offering) in the amount of Baht 74,000 million and the issuance of debentures of Baht 35,000 million for

under Clause 13/2; (b) restriction of borrowing proportion, regardless of any means, not exceeding the rates as prescribed in Clause 14; (c) restriction of incurring encumbrances only for the cases as

accounting period ends on December 31, 2018, as a result, SUTGH’s liquidator shall be responsible to transfer the Company’s shares to SUTGH’s shareholders based on the proportion of SUTGH’s share held by each

shall be responsible to transfer the Company’s shares to SUTGH’s shareholders based on the proportion of SUTGH’s share held by each shareholder, in order to complete a liquidation. Therefore, SUTGH’s

December 31, 2018, as a result, SUTGH’s liquidator shall be responsible to transfer the Company’s shares to SUTGH’s shareholders based on the proportion of SUTGH’s share held by each shareholder, in order to