company. Purchase of 80% of Universal Common Shares of Universal Worldwide Transportation Limited. Page 2 of 5 The Company must recognize revenue. Entering into the financial statements. As a result

March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary

inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The

following by Europe and Latin America, accounting for 8.2 and 7.0 respectively. On the other hands, worldwide capacity growth or Available seat kilometers (ASK) rose 6.3 percent on average. Again, Asia

increase in customers in the automotive parts. These customers will use a full range of services including customs clearance services. And the land transport service. Compared to the proportion of service

Thailand CH. Karnchang Public Company Limited (the “Company”) hereby reports the connected transaction among the Company and Expert Transport Co., Ltd., whose shares are held by the Company’s major

HONDA ENGINEERING ASIAN CO No WICE 002/2018 4 January 2018 Subject: The payment of share acquisition of Universal Worldwide Transportation ( “UWT”) To President The Stock Exchange of Thailand

growth at 4.9 percent, followed by Asia Pacific, and Europe, accounting for 4.8 and 4.2 percent respectively. The slowdown of worldwide RPK growth because of the impact from US-China trade war and slowing

, trade, and finance have been severely disrupted. (Source: Bank of Thailand) The hardest in Aviation industry from COVID-19 pandemic. It can be seen that worldwide Revenue Passenger Kilometers (RPK

and 7. 3 percent respectively. Furthermore, worldwide capacity growth or available seat kilometers (ASK) rose 6 percent on the average. Asia-Pacific still ranked as the top with 8.1 percent, following