transaction is appropriate and reasonable in light of price and conditions since value of consideration of KMM is higher than the assessed price. In addition, the Company will be recognized the profit in
opinions on by the auditor of the mutual fund and certified by the management company, within fifteen business days as from the dissolution date of the mutual fund; Where it is necessary and reasonable, the
”). Enclosure 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Subsidiary) will be the
the Audit Committee: The Audit Committee has considered the purpose of transactions is supporting normal business transaction of the Company with fair and reasonable transactions. Opinion of the Board
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