activities decreased since the Company bought machines and equipment as needs. No net cash flows used in financing activities in 2017, as the year 2016 The optimal capital structure The Company had Debt to
the development of land and building of animal shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned
October 2019 - 10 October 2022 2.70 2. The Company has been repurchasing stocks since the end of 2018. As of 31 December 2019, the Company has bought back 21.5 million shares worth 142.11 million THB (the
fee as subsidiaries were established abroad. This caused additional travelling expenses and related expenses. The vehicle depreciation is 0.54 million Baht more as more tractors were bought from the
because there are only a limited number of shares that can be bought or sold in the event of major trading news. Page 3/40 Minority Shareholders and SET • The Stock Exchange of Thailand (SET)’s Board of
the Audit Committee. The transaction was necessary and justified to the director and executive. 5. Dental Art Lab Company Limited The Company bought denture material from Dental Art Lab Company Limited
December 2017 93.45 Land that bought from connected persons 41.55 Development cost 254.51 Total cost 389.51 % of investment in Takuni Land 49 Acquisition value 190.86 This transaction together with project
value 190.86 MB is calculated by List MB Land of Takuni Land at book value per the financial statement as at 31 December 2017 93.45 Land that bought from connected persons 41.55 Development cost 254.51
had bought, could still generate cash flow from debt collection as targeted. In 2019, the collected cash flow was 3,204 million Baht, increased from the previous year by 33.5%. In 2020, the condition of
Land of Takuni Land at book value per the financial statement as at 31 December 2017 93.45 Land that bought from connected persons 41.55 Development cost 254.51 Total cost 389.51 % of investment in