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

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

million or 177% when compared with the same quarter of last year. This was resulting from an exclusive mobile phone project, a new project in the third quarter of 2018, recorded sales in this quarter of

amounting to Baht 50.5 million mainly due to losses from exclusive mobile phone project. Revenue from Thailand Mobile Expo for the year 2018 is Baht 119 million, the highest revenue since the Company was

million YoY (-6.04%). The Company is considered performing better than market as its revenue declined by 6.04%, while the global IT market declined by 14%, as reported by Gartner re: worldwide PC shipments

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

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

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

government bond yields and the financial market environment worldwide. In Thailand, several economic indicators in the third quarter of 2017 exhibited ongoing growth. The upbeat performance was fueled mainly

development of telecommunication networks and related business to provide Internet of Things services. Things on Net Company Limited holds an exclusive license to operate Internet of Things network in Thailand