transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s
transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company and considers it appropriate to purchase this land with building
the buyer and seller. In which the seller determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value
determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value of 21,968,086.63 (Book value 20,530,922.08 and
capital. Transactions details are described as follow : 1) Date of transaction occurs: 28 February 2019 2) The parties involved : Buyer Excellent Rubber Co., Ltd. [ERC] Buyer Advantage Footwear Co.,Ltd
registered capital. Transactions details are described as follow : 1) Date of transaction occurs: 28 February 2019 2) The parties involved : Buyer Excellent Rubber Co., Ltd. [ERC] Buyer Advantage Footwear Co
transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company. 10. Opinion of the Audit Committee and/or Directors on the
operation, executives and employees, who are specialized in its business operation, from Excellent Graphics Co., Ltd. (“EG”) and Wrap Graphic Company Limited (“WG”) (whose shareholders has become that
value appraised by the financial advisor (KT ZMICO Securities Company Limited) and asset appraiser (Prospec Appraisal Co., Ltd.) , and fix the base price for sale of land and constructions at the value
at cost on acquisition date in March 2012, appraised by Modern Property Consultant Co., Ltd. who is independent appraiser approved by the SEC has determined the market price base on the way to compare