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

9.67% when compared to the same period of 2018. The mainly increasing reason was transportation cost as the quantity of sales increasing. 3. Administrative expenses increased Baht 5.94 Million or 6.34

same period of 2017. The mainly increasing reasons were the quantity of sales and transportation expenses. 4. Administrative expenses was Baht 93.76 million which decrease Baht 4.28 Million or 4.37% when

10.78% when compared to the same period of 2018. The mainly increasing reasons was the quantity of sales and transportation expenses. 4. Administrative expenses was Baht 28.12 million which increase Baht

increased Baht 6.17 Million or increased 21.86% when compared to the same period of 2017. The mainly increasing reasons were the quantity of sales and transportation expenses. 4. Administrative expenses was

% when compared with Q3 / 2018, mainly due to the increase in exports in the 3rd quarter of this year which measured by the number of exported containers was increased, resulting to transportation costs

the same period of last year, while sales volume decrease, due to higher raw material cost. Selling expenses increased 57.89 percent from the same period of last year, due to higher transportation cost

million which increased 16.42% when compared to the same period of 2019. The mainly increasing reasons was the quantity of sales and transportation expenses. 4. Administrative expenses was Baht 23.83

to approve the acquisition of 80,000 ordinary shares of Universal Worldwide Transportation Limited (“UWT”), with a par value of 10 Hong Kong Dollar, which equal to 80% of total ordinary shares of UWT

raw material cost and fixed cost from new production line which haven’t operated at optimized capacity. Selling expenses on year 2018 increased 9.82 percent from year 2017, due to higher transportation