independent valuer which is approved by the Securities and Exchange Commission, that it should be equal to Baht 2,616,000,000 or Baht 974.5877 per share. The Company will acquire shares equivalent to 32.5

) Sdn. Bhd. (“PCM”) B. PBSB shall acquire the business and assets related to digital screening business from FMN. 4 Details of Information Memorandum regarding PBSB Shares Acquisition Transaction pursuant

Flow For the year 2017, the Company has increasing in net cash and cash equivalents totaling Baht 79.98 million when compare with previous year. The details of cash flows each activities as follows

, net loss came from low sale volume which affected from the increasing of import volume from foreign country in May and June 2019. Business Outlook Post termination of Tolling Activities in January, 2019

1 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Operational Summary 9M18 Operational Summary  Total revenue from core business was Bt2,523mn, increasing

271.42 million or increased 29.27% when compare to the same period of 2016, due to the increasing of the quantity of Sales. 2. Cost of goods sold was Baht 1,021.58 million, and the gross profit margin was

Baht. Mainly by the increasing of Revenue from sales 17% with the increasing from domestic sales and expansion oversea market. There are gross margin rate for the period is 21%, and 14 % in 2018. As the

Baht 20.16 Million or 1.38% when compare to the same period of 2019, due to the increasing of the quantity of Sales. 2. Cost of Sales was Baht 1,284.25 million, decreased 4.66% when compare to the same

should be equal to Baht 2,616,000,000 (please see the details in Clause 8 Re: Criteria to Determine the Value of Consideration). The Company will acquire shares equivalent to 32.5 percent, in total of Baht

equal to Baht 2,616,000,000 or Baht 974.5877 per share. The Company will acquire shares equivalent to 37.5 percent, in total of Baht 981,000,000. However, the Company has expended Baht 324,999,779.28 in