Company will not dispose of any assets to a buyer that is classified as a connected person of the Company. In furtherance to the above, any person who is not considered a connected person of the Company and

Company and/or the Buyer Buyer : Ferrum Energy Co., Ltd. (“Ferrum Energy”) Seller : Ms. Suyanee Suwanyos by 122,266,665 shares and Mr. Tanapoom Panyaprukchot by 8,500,000 shares (“Seller Group

used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income

with the other asset disposal transactions occurring during the past six months prior to the date of the transaction (by applying the same calculation method under the first calculation basis i.e. the

during the past six months prior to the date of the transaction (by applying the same calculation method under the first calculation basis i.e. the Net Tangible Asset Basis, with the details as follows: (1

Two Co., Ltd. (c) Pace Project Three Co., Ltd. (d) Pace Real Estate Co., Ltd. Buyer : King Power MahaNakhon Co., Ltd. Relationship with the Company : Buyer has no relationship with the Company or (1

result of shareholding in the amount of exceeding 50% in both companies. Therefore, the Company shall calculate the size of transaction by not using proportionate method. (Translation) Please be informed

by the total value of consideration equivalent is 14.57%, calculated by the net tangible assets method according to the consolidated financial statements of the Company as of September 30, 2018 and

non-operational land of a subsidiary company together with 4 plots of the Company’s land for Baht 166.54 million. In December 2016, the buyer submitted a letter requesting for the extension of the time

to 15 percent or Higher than but lower than 50%) The transaction under the method of calculation of the transaction size by using the total value of consideration according to the Notification of the