-9320 Ref: PLC 2020/003 February 3, 2020 Subject: Disclosure of Connected Transaction Information Regarding Area rental agreement To: The President of the Stock Exchange of Thailand Panjawattana Plastic
, Prospect could seek funding to construct more warehouse/ factory for lease. Prospect’ s development was increased from 21.50% of total land area to 43.35%. Currently, Prospect has 114,775 sq.m. of total
leased land area 13.17 Rai at Thilawa Special Economic Zone near Yangon, Myanmar, lease period 49.2 years, contract value 54.2 million Baht for factory building since 2015 . With Myanmar’s population size
factory built by Custom Pack who is our tenant. Custom Pack rent the Company’s land and factory situated at 75/2 Moo 9, Soi Ruam Jai, Bangna-Trad Road, Bangphli, Samutprakarn. Custom Pack is a manufacturer
million or 26.34%. The majority of revenue from rent and service was come from leasing space of warehouse/factory in Bangkok Free Trade Zone Project (by Prospect Development Co., Ltd.). Prospect
its Board of Directors’ meeting no. 5/2018 on November 12, 2018, authorizing Tora 1010 Co., Ltd. which is a subsidiary company to enter into transaction to rent factory space in Saha Group Industrial
Characteristics of the Transaction 4.1 Details of the Transaction The Company intends to acquire additional fixed assets at the factory built by Custom Pack who is our tenant. 4.2 Category of Connected Transaction
. 3. Royalty income At percentage of net sales from factory compared with market price with three-year license period. 4. Royalty expenditure At percentage of net sales from Company compared with market
various costs and expenses, and found that it was worthwhile to rent the mentioned area. In order that the subsidiary would proceed to build the new factory, they require a large amount of investment fund
materials and factory supplies which was in accordance to an increase in sales revenue in this period. Moreover, cost of Disc material that was increasing from the changed in global steel market price since