Microsoft Word - GLOCON.012-2020 Clarification on the Company acquiring shares of Glocon ... GLOCON.012/2020 March 19th, 2020 Subject: Clarification on the Company acquiring shares of Glocon

determined based on shares to be disposed, as 181.75 million shares multiply with the offering price 90-day weighted average market price at 5.09 Baht per share. After the transaction the Company no longer

total of value of assets disposed is 925.11 Million Baht. 7. Basis used to determine the value of consideration The value of consideration is determined based on shares to be disposed, as 181.75 million

proportion to their respective shareholdings in the Company and KSL (as the case may be). The allocation ratio will be later determined and notified. The IPO shares remaining unsubscribed from the Pre-emptive

31 December 2017. The Company needs to use such financial statements in support of the evaluation of the fair value of S-TREK shares and has determined the result of the special audit in satisfaction

of S-TREK, ended 31 December 2017. The Company needs to use such financial statements in support of the evaluation of the fair value of S-TREK shares and has determined the result of the special audit

determined the purchase price of the shares considered from the value of the business through Discounted Cash Flow method. 7. Benefits Expected to be obtained by the Company from the Transaction At present

Consider ap the Compan Any other m r determinati is determined determination ry shares o proportionate ember 26, 20 ry shares to the Extraordi d of Directors ny person, aut mending date, for determina 3

price of newly-issued shares is determined by the weighted average price of the Company’s shares listed on the SET for the previous 15 consecutive business days prior to the resolution of the Board of

company’s overall standing. 8.2 Price Dilution Given that the company has not yet determined the price of the new shares, the company will inform the market of such effects in the future. 8.3 Control Dilution