able to expand its revenue and profit base predicated upon the existing plan. 9. Source of Funds The funds used from the cash flow from business operation. 10. Conditions Precedent None. 11. Opinions of

immediately benefit because FKRMM has otorcycle of tires and tubes ed financial statement with has the potential to expand the Malaysian market . Moreover, FKRMM was a motorcycle tire and tube manufacturer

178.76 109.66 Revenue from sales electricity 93.21 92.22 Revenue from sales and services 4.10 3.45 Gain on investments 8.62 1.28 Gain on exchange rate 67.04 - Other income 5.79 12.71 EXPENSES (115.93

sale plan to expand customer base of flexible packaging and plastic sack. The company expects from the development as mention above, it will help the company can have better performance and will profit

801 106 13% Cost of sales and services -789 -621 168 27% -682 -608 74 12% Gross Profit 248 235 13 5% 225 193 32 16% Other Income 5 0 5 1,701% 14 7 7 117% Selling expense -81 -70 11 16% -71 -61 10 17

according to criteria for assets appraisal with Replacement Cost method. 8. Benefit Expected to Gain by the Company The Company expects such Franchise acquisition shall enable to generate income and profit to

to core business of the Company. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads

Gain on investments 29.38 - 37.99 - Gain on exchange rate - - 36.75 - Other income 8.17 7.29 13.95 16.93 EXPENSES (145.79) (136.22) (231.42) (239.51) Cost of sales electricity (39.30) (39.29) (78.06

period last year. The company’s profit from continuing operations was THB 11,105 million, increased byTHB 3,571 million from the same period last year, and the profit margin for the year ended December 31

expenses increased according to the additional establishment of provision for employee benefit obligation during Q4/2020. • In 2020, net profit was THB 55 million, decreased by THB 182 million or 77% from