was a reasonable and appropriate transaction to the Company. The Company had no control due to the Company holds only 17.39% of the total shares and had no expertise personnel, in the business of mills

conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None -                  620/5 Moo 11 Nongkham, Sriracha

interests) deem it appropriate to approve the transaction in relation to the assets or service with the connected person as above mention. Due to the reasonable price, reference prices is made by the

reasonable and truly aims for the highest benefit of the Company. However, the Board of Director’s meeting, where directors who have interests and/or directors who are connected persons did not attend the

shareholder returns. Thus, this transaction is reasonable and truly aims for the highest benefit of the Company. Please be informed accordingly. Sincerely yours, (Mr. Kuan Chiet) Vice President – Finance

’ 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

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

while the revenue was higher than last year, the reasons are the company have the corporate good governance and used the reasonable expenditure budget. The net profit in the year 2017 was 70.90 million

as the normal business transactions. Also, the price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of

price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None - 620/5 Moo 11 Nongkham, Sriracha