. The gross profit margin in the first quarter of 2020 was 69.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA
subsidiary, ICE, appointed Reseller of Oracle, was acquired on 27th March 2019). In addition to Oracle ERP, ICE has launched a new product to penetrate the small to middle-end segment, Oracle Net Suite. This
months were 45.9% and 53.2%, respectively. These gross margins had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the
calculation of transaction size of each method are as follows: Method Calculation Formula Transaction Size 1. Net tangible assets method Net tangible asset of the acquired company x 100 Net tangible asset of
91.52%, which is based on the Criteria of Total Value of Consideration, which is the highest result. Including of the Company does not have any assets acquired or disposed of during the 6 months prior to
of the calculation of transaction size of each method are as follows: Method Calculation Formula Transaction Size 1. Net tangible assets method Net tangible asset of the acquired company x 100 Net
no acquisition transaction during the past 6 months. 5) Details of Assets Acquired The Company will enter into the transaction of purchasing of machine for the phase 2 of the flexible packaging with
and the Company has no acquisition transaction during the past 6 months. 5) Details of Assets Acquired The Company will enter into the transaction of purchasing of machine for the phase 2 of the
tangible asset of the acquired company x 100 Net tangible asset of the Company 103.44% = Baht 3,411.99 million x 40% x 100 Baht 1,319.42 million 2. Net profit method Net profit of the acquired company x 100
was 551 MTHB, increased by 330 MTHB comparing to its amount of 221 MTHB in 2017 as a result of more machinery and equipment acquired during major turnaround in 2018. 3. In 2018, the net cash flow used