Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

January 9th, 2020 To : Managing Director The Stock Exchange of Thailand Re : The acquisition of investment in Vibharam Co.,Ltd.’s new ordinary shares, and elder ordinary share which purchases from

Nongkham Sriracha Chonburi : Baht 5,000,000 divided into ordinary share 14,000 ordinary share at par value 1,000 Baht Type of Business : Cutting Board , Eyelet 620/5 Moo 11 Nongkham, Sriracha, Chonburi 20230

Meeting of Shareholders No. 1/2018 3. Approved the issuance of the Warrant to purchase ordinary share for Employees Stock Option Plan (CCET-WC), distributed to directors and/or employees of the Company and

Meeting of Shareholders No. 1/2018 3. Approved the issuance of the Warrant to purchase ordinary share for Employees Stock Option Plan (CCET-WC), distributed to directors and/or employees of the Company and

…………………...20.. and ......20... Consolidated financial statement (Unit:Baht) Ordinary share Stock rights and warrant s/1 Additional paid-in capital (Discount on capital stock)/1 Surplus in other capital (deficit

equity For the period of… ……………until…………………...20.. and ......20... Consolidated financial statement (Unit:Baht) Ordinary share Stock rights and warrant s/1 Additional paid-in capital (Discount on capital

new ordinary shares of the Company to accommodate the exercise rights of Warrant. And set the exercise price each year differently. The issuance and offering of warrant and new ordinary share to

payment of assets. Number of underlying ordinary share Total number of issued and paid-up shares of the Company 90,000,000* x 100 986,210,468 9.13 The entering into the transaction constitutes an asset

11 Nongkham Sriracha Chonburi : Baht 5,000,000 divided into ordinary share 14,000 ordinary share at par value 1,000 Baht Type of Business : Cutting Board , Eyelet 620/5 Moo 11 Nongkham, Sriracha