agreement with the condition that the contract will be binding upon obtaining the approval of the shareholders’ general meeting which will be held on April 22, 2019. 2. Transaction parties involved Seller
in the area where most of the land is empty. Also, many plots are announced for sale at low prices because most of them are a land with a pond having the same condition as the Company's assets and
area where most of the land is empty. Also, many plots are announced for sale at low prices because most of them are a land with a pond having the same condition as the Company's assets and having
Directors is of the opinion that the price not over Baht 60 Millions. The Internal Rate of Return is 15.74% and Economic Internal Rate of Return is 26.79% 8.2 Opinion of the Board of Directors about condition
liquidity management purpose, the company has successfully negotiated the purchase of asset acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition
acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition as follows, 1. The buyer made a holding deposit of 20 Million Baht for 3 title deeds
payable on the Signing Date on the condition that the assets required for the operation of the Self-operate Restaurants have been completely transferred to the Seller (October 11, 2018); 3) THB 25,000,000
that have the potential to grow and support the main business of the Company, for the Company to be able to continuously operate. 9. Condition for the entering into the transaction This entering into the
external factors, such as the overall domestic economic condition causing diminishing confidence and lower purchasing power, international trade war, and the appreciation of Thai Baht. The Company focused
operators in the condition of excess supply have affected the selling price. The contracted volume and selling price therefore have a direct impact on the company's gross profit and net profit, although the