. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused

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

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

million Baht from the same period of fiscal year 2018 with total revenues of 146.70 million Baht or a decrease of 45.73 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber

or a decrease of 36.01 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber business which is the main income of the Company has decreased the export of Rubber Wood Kiln

wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was

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

Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in

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