overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

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

levels of air pollution and the long hot season. However, there was a slowdown in sales during the second half of 2019 as a result of the negative economic factors discussed above. Nonetheless , the

S Holding Co., Ltd. (“All S”), which aim to invest in automobile assembly business, public transportation services, supported technology and related application to public transportation business. In

subsidiary of the Company holding the license and operating transportation business), i.e. disposing 4,999,998 ordinary shares held by the Company in NML, equivalent to 99.99996 percent of the total NML shares

, transportation expenses and promotional expenses. For the year ended 31st March 2019, the Company and its subsidiaries had selling expenses of Baht 67.77 million, compared with selling expenses of Baht 66.05

percent. 1.4 Selling expenses Selling expenses consist of sale staff expenses, transportation expenses and promotion expenses. For the period of three months ended 30th June 2018, the Company and its

HONDA ENGINEERING ASIAN CO เลขท่ี WICE 002/2561 วนัท่ี 4 มกราคม 2561 เร่ือง ขอแจง้การเขา้ท ารายการและช าระเงินค่าหุน้สามญั Universal Worldwide Transportation ( “UWT”) เรียน กรรมการผูจ้ดัการ ตลาดหล

business in automobile assembly, public transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 300 million

baht which is greater than the same quarter in the previous year which the net loss was 2.76 million baht due to the income derived from providing consulting service regarding domestic transportation