Memorandum of Understanding (MoU) which Suzuki Motor Corporation planned to purchase the shares of Thai Suzuki Motor Co., Ltd. from the sellers comprising SPSU, S.P. International Co., Ltd. (SPI) and some of

Understanding (MoU) where Suzuki Motor Corporation planned to purchase from the said sellers the shares of Thai Suzuki Motor Co., Ltd. The MoU prescribed a condition that the sellers must proceed to either close

of rain-storage system, purifying machine by UV for water in manufacturing process, and water system installation and water treatment project, etc. Despite of revenue from projects decreased, revenue

and improves engine cleaning, allowing the engine to work at maximum performance, the Company is the first and the only company to have such a product at the moment, and the number of Bangchak service

” which upgraded the quality of fuel with the Green S technology that would bring out maximum engine performance. The products were well-received by customers. The company is able to continuously grow its

to notify the stock Exchange of Thailand that the Board of Directors meeting on 2/2018 held on March 14, 2018 resolved to approve the Company to enter into the transaction of purchase the machine with

machine with PAE PACK Co.,Ltd. (“PAE PACK”) who is Director and Authorized Director of PAE PACK, Mr. Veerachart Losiri, also holds the position of Director and Authorized Director of VAVA PACK Co.,Ltd

manufacturing and selling of brake calipers and housings, differentials, suspension, and engine parts. SP has a capacity of 90,000 tons per year and is a Tier 1 and 2 Automotive Parts Supplier. Date of

S.A. (“SP”) Business Characteristics SP, located in Maia, Portugal, engages in the manufacturing and selling of brake calipers and housings, differentials, suspension, and engine parts. SP has a

MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade