Company’s business potential in the long term. The Board of Directors accordingly passed a unanimous resolution to approve the entry into this transaction. 10. Opinion of the Director and/or the Audit

and interest rates which are in line with customers’ acceptable risk appetite. Banks are also allowed to use other qualitative and quantitative factors which reflect customers’ potential and ability to

material decrease in sales from China. The Company has plans to expand further to other potential countries and is in the process of conducting market feasibility studies in those markets. Table 1: Sales

shareholding in AEON Myanmar. AEON Microfinance (Myanmar) Co., Ltd., a retail finance business in Myanmar established in November 2012, is now under the process of business expansion in high potential market. At

. Focusing and developing E-commerce with potential partners 4. Focusing cost-efficiency and productivity • Utilizing information technology (IT) system to optimize operation and resources • Optimizing human

Baht 2,699 million) Purpose of investment For the purpose of organization restructuring for the Company’s precision entities as well as to be more flexible for potential future funding methods in

investment because the cargo and passengers-ship project between eastern region, lower central region and southern region and increase operational potential of the company. The price of this transaction is

intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has been valued by a range of valuation methods including relative valuation as

and its subsidiary as a tool to mitigate potential risks that may arise from providing this financial assistance.

helps management in reducing business operating costs The investment in the energy-saving technology business will increase the company's operational potential. The price of this transaction is