HONDA ENGINEERING ASIAN CO No WICE 002/2018 4 January 2018 Subject: The payment of share acquisition of Universal Worldwide Transportation ( “UWT”) To President The Stock Exchange of Thailand

. Therefore, the Company would like to disclose the information memorandum on the acquisition and disposition of assets, details are provided in the enclosure. The Company will also circulate the information

circulate the information memorandum to the shareholders within 21 days from the date on which it has made the disclosure to the Stock Exchange of Thailand in accordance with the Notification on Acquisition

HONDA ENGINEERING ASIAN CO เลขท่ี WICE 002/2561 วนัท่ี 4 มกราคม 2561 เร่ือง ขอแจง้การเขา้ท ารายการและช าระเงินค่าหุน้สามญั Universal Worldwide Transportation ( “UWT”) เรียน กรรมการผูจ้ดัการ ตลาดหล

more cash flow circulate in its operation. Board of Directors’ Opinion. Agreed to approve the sale in order to increase liquidity of the Company and also decrease debt and interest expenses Please be

hence is not required to circulate to all shareholders. Also, this transaction is not a connected party transaction. Please be informed accordingly, -Signed- Mr. Tee Seeumpornroj Chief Finance Officer

million (For support sales and market policies) - Temporary Investment decreased Baht 83.4 million (Used to circulate within the business) As of March 31, 2019 total liabilities amounted to Baht 777.4

March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary

company. Purchase of 80% of Universal Common Shares of Universal Worldwide Transportation Limited. Page 2 of 5 The Company must recognize revenue. Entering into the financial statements. As a result

to approve the acquisition of 80,000 ordinary shares of Universal Worldwide Transportation Limited (“UWT”), with a par value of 10 Hong Kong Dollar, which equal to 80% of total ordinary shares of UWT