Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

Increase (decrease) Consolidate financial statement TOTAL ASSET 1,155.84 1,209.99 (54.15 ) (4.48%) TOTAL LIABILITIES 720.97 692.55 28.42 4.10% TOTAL SHAREHOLDER EQUITY 434.87 517.44 (82.57 ) (15.96%) As at

statement TOTAL ASSET 1,155.84 1,209.99 (54.15 ) (4.48%) TOTAL LIABILITIES 720.97 692.55 28.42 4.10% TOTAL SHAREHOLDER EQUITY 434.87 517.44 (82.57 ) (15.96%) As at March 31, 2019, company and subsidiaries had

%) TOTAL LIABILITIES 726.51 701.72 24.79 3.53% TOTAL SHAREHOLDER EQUITY 404.14 483.50 (79.36 ) (16.41%) As at June 30, 2019, company and subsidiaries had less total assets than the period June 30,2018 at

24.79 3.53% TOTAL SHAREHOLDER EQUITY 404.14 483.50 (79.36 ) (16.41%) As at June 30, 2019, company and subsidiaries had less total assets than the period June 30,2018 at Baht 54.58 million or 4.61

/2017 Increase (decrease) Consolidate financial statement TOTAL ASSET 1,176.17 1,214.62 (38.45 ) (3.17%) TOTAL LIABILITIES 718.09 668.88 49.21 7.36% TOTAL SHAREHOLDER EQUITY 458.08 545.74 (87.70) (16.06

delivery. The debt to equity ratio in this quarter was equivalent to 13.51 times since the shareholders’ equity was lower from the operating loss whereas the liabilities were higher. Shareholder Equity As

2017 was equivalent to 1.78 times whereas 5.68 times in 2016 due to the aforementioned capital increase causing the reduction to the debt to equity ratio. Shareholder Equity As December 31, 2017, the

compared to 2.34 at the end of 2018. This improvement was mainly due to (1) the repayment of all short-term borrowings from financial institutions (2) increased shareholder equity derived from the initial

0.51 million or 1.56%, as a result of liability repayment under hire purchase agreement. 3. Shareholder equity as at March 31, 2018 amount of Baht 828.30 million increase from December 31, 2017 by Baht