Company encounters the situation of the lack of financial liquidity and the cash flow for debt repayment and business operation, as the Company has continuous loss. Thus, the Company considers the business

channel, dated 10 May 2019. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for debt repayment and

still in downturn from the trade war between USA and China that continues to escalate as well as unclear situation of BREXIT. Thailand economy continues to slow down from the previous quarter, contributed

2017 to $92 in 3Q 2018, driven by tight PTA supply/demand situation, despite increased Paraxylene prices. Although IPA margins have weakened substantially, West Feedstock core EBITDA remained steady at

disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the debt repayment and the

situation began to improve in July, the overall Chinese arrivals still expanded slower than the previous year. (Source: Ministry of Tourism and Sports). For year 2019, the number of passenger decreased by 1.6

drastically from the dump sale. However, the situation is temperary and when the outbreak of the coronavirus (COVID-19) is likely to improve and with the fact that the government has relief measures to support

days from the date on which the approved entity becomes aware or should have been aware of such situation. Clause 20 The approved Company with characteristics under Clause 19 (1) (b) 2. shall have the

แบบแสดงรายการขอมูลการเสนอขายตราสารหน้ี (รายครั้ง) (แบบ 69-DEBT-PO-GOV.AGENCY) บริษัท........... (ช่ือไทย/อังกฤษของผูเสนอขายตราสารหน้ี) ............. เสนอขาย ......................................................................................................................... ......................................................................................................................... ....................................................................................................

    January Subject To : Enclosu The Bo “Compa resoluti 1. A C 1 1 E 2. A r y 16, 2018 t : Notificat of New D Director an The Stock E ures : 1. Fo A 2. In (a oard of Dire any”) No. 1 ions as follo Acknowledg Committee a 1.1 Ms.Pi 1.2 Mr.Su Effective fro Approved t replace the 2.1 Ms. Comm 2.2 Mr. S tion on the Directors, a nd Manager Exchange o orm for Re Audit Comm nformation M amended No ectors’ meet 1/2018 (the ows, ged the resi as follows: ichitra Mah umate Sang om January the appointm resig...