Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in

market accounts for 60% of the total Company sales, therefore, it remains very critical to the Company to expand our reach to new regions such as Middle East, Latin America, Europe and Africa. Following

the company faced the problem of the fluctuation of raw material cost but it slightly impacted on the cost of goods sold. Since the company has strictly controlled and managed the inventories very well

and other regions around the world. Moreover, the production cost in India is very low, which is in line with the policies and goals of the company to diversify risks from core business operations. The

shortage. Moreover, wage rate is very low, which is therefore a good opportunity to establish and expand the market to India. By 2020, the joint venture company will start to realize revenue from the

working, so there is no problems for labor shortage. Moreover, wage rate is very low, which is therefore a good opportunity to establish and expand the market to India. By 2020, the joint venture company

Committee. It appears to be most beneficial to the Company. Please be informed accordingly. Very truly yours, Mr. Suchat Mongkhonaripong President and Chief Executive Officer

areas as well as the expected development impact of such investments.”Ms. Ruenvadee Suwanmongkol, Secretary-General, the Securities and Exchange Commission, Thailand, said: “The SEC is very pleased to

company’s interest to ensure they are disclosing in line with the framework.”Ruenvadee Suwanmongkol, Secretary-General of the Securities and Exchange Commission, Thailand, said: “The SEC is very pleased to

in the capital market as a mechanism for business risk management. We are very pleased to collaborate with all sectors at both national and international levels to develop sustainable capital market