Co.,Ltd. sell machinery to Ching Rai Frozen food Co.,Ltd. Related business consideration Subject Selling Machinery between subsidiary company (River Kwai Co., Ltd. with Chiang Rai Frozen Food Co., Ltd

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Disclosure Business News - UBIS (ASIA) PUBLIC COMPANY LIMITED สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ Printed on 20 January 2023 17:27 ​ ​ Disclosure Business News UBIS (ASIA) PUBLIC

., Ltd, and Chiang Rai Frozen Foods Co., Ltd. - River Kwai International food industry co., Ltd buy machinery for 1,686,300.00 Baht Related business consideration Subject Selling Machinery between

13486, including relevant licenses 6,336 square meters 3 76 items of machinery and equipment for the manufacturing business, including relevant licenses - This is to improve the financial position and

and 13486, including relevant licenses 6,336 square meters 3 76 items of machinery and equipment for the manufacturing business, including relevant licenses - The disposal of such assets is intended to

diligence of the business unit is currently undertaken to evaluate the pricing. o Increasing in the amount of THB 15.30 million due to grouping of machinery and equipment of energy crops business unit which

of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant

Company. To support the expansion into packaging business from WPS with space and warehouse to be able to conduct packaging business effectively, including machinery and personnel. 8. Sources of funds The

machinery, molds and equipment for Hwa Fong Rubber (China) Co., Ltd. “HFC”. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the