persons, and nature and scope of interests of the connected person The granting of the loan is considered as an offer of financial assistance to JAS which is a major shareholder of the Company holding a
considered and approved the material matters as follows: 1. Asset Disposal Transaction of the Company 1.1 The Board of Directors of the Company resolved to approve the joint venture with Nomura Real Estate
Company’s subsidiary after IPO. The transaction is considered the disposition of assets in accordance with the Notification of the Capital Market Supervisory Board No. Tor Chor 20/2551 re: Rules on Entering
manufacturing. Therefore, the board of directors then has considered the acquisition of the entire business of SQL in order to have only the Company undertaking this business. Please see the details of the
accounted for 76.92 percent of paid-up capital. The transaction is considered as an acquisition of assets. The transaction size which is calculated by 4 criteria and use the maximum value basis which is the
of last year, mainly due to the one-time excessive charge amounting to THB 80.5 mm recognized during the first half of 2019 considered as one-off item. However, if excluding the one-time excessive
previous year. However, if excluding the excessive charge considered as one-off item, the utilities income for 6-month period increased by THB 90.2 mm or 9.6% growth, compared to the same period of previous
and Disposition of Assets, BE 2547 when there is a certainty of the transaction. The Company’s transaction is considered an asset acquisition transaction under the announcement of the Stock Exchange of
persons, and nature and scope of interests of the connected person The Granting of the Loan is considered as an offer of financial assistance to JAS which is a major shareholder of the Company, holding a