. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused

Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By virtue of (1) The second paragraph of

of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By

million Baht from the same period of fiscal year 2018 with total revenues of 146.70 million Baht or a decrease of 45.73 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber

or a decrease of 36.01 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber business which is the main income of the Company has decreased the export of Rubber Wood Kiln

wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was

Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in

Requirements for sustainable forest management .................................................................................................................. 14 3.4 Requirements for non-timber forest

that this English translation is strictly for reference. _____________ Notification of the Securities and Exchange Commission No. Kor Jor. 18/2551 Re: Exemption from Filing of the Registration Statement

exemption has been granted by the SEC; (4) being a director, a manager or a person with power of management of any other securities company; (5) having been removed from a position of chairman, director or