million Baht). Thus, the book value of such land bank as stated in the consolidated financial statement of the Company ended December 31, 2017 are Baht 506,380,500. (4) Size Calculation This transaction is

is entitled to nominate a representative to be a director in the board of directors of LAC of 1 position, which such nominee was appointed to the board of directors on July 14, 2017. Size of

the land area is the value of the list and used to calculate the size of the list. Transaction Size: Equivalent to 28.94% of the Company’s total assets as at September 30, 2017 according to the criteria

Connected Transactions B.E. 2546 (as amended). Moreover, according to the Company’s latest consolidated financial statement ended March 31, 2018, the total transaction size of acquisition of ordinary shares

renovation fees : Remuneration based on the nature, difficulty level for such services, area size, materials selection, and the renovation expertise applied .../4 - 4 - - Construction expenses : Remuneration

transaction : Relating to assets or services  Item size : THB 6,435,000.00 Transaction is considered as related transaction according to Notification of Capital Market Commission as the category of assets or

, difficulty level for such services, area size, materials selection, and the renovation expertise applied .../4 - 4 - - Construction expenses : Expenses depending on the nature, difficulty level for such

will pay the full amount on July 12, 2019 9. Size of transaction and rules Calculation of the Transaction Size Financial information used in the calculation The calculation of transaction size as

August 31, 2019 9. Size of transaction and rules Calculation of the Transaction Size Financial information used in the calculation The calculation of transaction size as detailed: Criteria of Calculation

10120, Thailand Tel (662) 658 8888 Fax (662) 658 8000 Website http://www.kgieworld.co.th 2 Please be informed accordingly. Yours Sincerely, (Mr. Chih-Hung Lin) Chief Operating Officer Contact: Company