favorable. The company received orders for 17 Hydraulic Press machineries, resulting in outstanding backlog of up to 222 million Baht. However, during the third quarter of 2017, customers were unable to
experiencing the lowest revenue due to the temporary closure of our operations because of the Covid-19, however the recovery of production volume was seen at end of the 3rd quarter, continuing with favorable
business strategies and to reduce inequality in their business operations. In so doing, SEC also focuses on fostering a favorable ecosystem for sustainable development by taking into consideration all
shareholder or a beneficial owner of more than ten percent of the total voting rights of the applicant. For the interest of the provision under Paragraph 1, a “ beneficial owner ” means the beneficial owner of
shareholder or a beneficial owner of more than ten percent of the total voting rights of the applicant. For the interest of the provision under Paragraph 1, a “beneficial owner” means the beneficial owner of
independent appraiser whose name appears in the office of Securities and Exchange Commission’s approved listed, and beneficial to the Company. Moreover, the transaction is a supporting normal business
’ meeting has considered and given opinion that the connected transaction is reasonable and beneficial to the Subsidiary. The Subsidiary will receive the remuneration. The Audit Committee’s opinion : They
proportion is an appropriate transaction and beneficial to The Iconic Company Limited as a shareholder of The Iconic Property Company Limited for use as a working capital for its business. 8. The different
approve the entry into this related transaction. 8. The Board of Director’s opinion The Board of Directors considered that the transaction shall be a beneficial for the company and reasonable. The selling