Opinion of the Independent Financial Advisor on the Asset Acquisition Transaction of Ordinary Shares of IGEN Engineering Company Limited provided by JVS Financial Advisory Company Limited (“JVS”). At that

47.02% shareholding in CCET Value of transaction (Remained No Change) CCPH to acquire KPPH’s 100% shareholding by issue new ordinary shares at exchange ratio of 1 : 5.5 (1 CCPH ordinary share for 5.5 KPPH

% 79.8% 570.0 1,253.6 119.9% Add(less): Loss/gain from extraordinary items* 5.4 104.3 (35.7) 66.3 (221.7) Net profit from ordinary activities 233.5 354.1 374.5 5.8% 60.4% 636.3 1,031.9 62.2

subsidiaries 7.71 0.91 6.80 Total 257.50 0.91 256.59 Net income (loss) 191.54 (39.81) 231.36 The Company has the refute the premium on Ordinary shares with the Accumulated loss- Unappropriated as of September 30

relationship through capacity building programs in the areas of bond market development, mutual fund and provident fund supervision as well as a preparation for self-assessment to become an ordinary IOSCO

enter into five major transactions worth 14,445 million baht to acquire ordinary shares and increase capital in a company that plans to operate a terrestrial solar cell power plant project. The

shares or 64.35 percent of the total ordinary shares sold of MAKRO then held directly and indirectly by SHV, at 787 baht per share significantly higher than the market price, thus requiring CPALL make a

at the minimum amount of 80 million baht, or;   (2)  An ordinary person including spouse having the net asset worth at least 70 million baht and having annual income of at least 10 million baht, or in

newly ordinary shares at the par value of THB 1 per share. In this regard, please refer to more details in the Capital Increase Form (F 53-4) (Enclosure 1) 2. Approve to propose to the shareholders

ordinary shares with a par value of Baht 1 per share as follows: 1) To capital increase by the General Mandate of Baht 666,332,580.00 from the exceeding 666,332,580.00 newly issued ordinary shares with a par