consideration, the Board of Directors was of the view that the price of the ordinary shares of Park Origin offered by the Sellers is appropriate. 8. Expected benefits of the transaction The Company Group would be

appropriate value for trading and expansion of facilities to packaging. In addition, the Company has a deposit in the amount Baht 2.00 million to the seller to insurance transactions are completed according to

stance will bring confidence, and help fostering market mechanism and standard practices that they can follow. For investors, appropriate regulation can incentivize market solutions to help investors

been appraised by the financial advisor and book value are appropriate. Therefore, the divestment in YLP ceased to be the Company’s subsidiary will reduce the overall amount of outstanding debts of the

low at 0.25 time, same level as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5 years, the Company has planned to grow

to monitor the situation closely in order to conduct the appropriate measures. For more details, please see section “COVID-19: Impacts and Response Plan” 1Q 2020 PERFORMANCE 1Q 2020 P&L SNAPSHOT AND

Company’s performance, the Company is implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. For more details, please see section “COVID

and the consolidated net debt to equity ratio was considerably low at 0.25 time. GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2019 Page 2 of 13 Overall

advisor who jointly prepares the application (if any) consider such appraisers to be appropriate and reliably and sufficiently reflect the true value and have the following characteristics; (a) being an

(1) shall be made using any method which would allow investors to have an appropriate access to the information such as publication in newspapers or website. Clause 27 Information on total asset value