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Microsoft Word - Fancy Wood - IM1 EN v 4 _11092017_.doc 1 Information Memorandum regarding Acquisition of Assets of Fancy Wood Industries Public Company Limited (Amendment) September 8, 2017 The

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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

. 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

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

or a decrease of 14.53 percent. The revenue decrease was partly result of lower sales of Rubber Wood Sawn Timber business to its Chinese customers as majority of customers requested for delays in

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