Ref VP221106
November 9, 2022

Subject: 	Disclosure of Information Concerning the Acquisition of Assets
To:     	President, the Stock Exchange of Thailand
Enclosures: Information Concerning the Acquisition of Assets in Account (1) & 
(2)

ALT Telecom Public Company Limited (the "Company") convened the Board of 
Directors Meeting No. 4/2022 on November 9, 2022 to consider and approve the
investment project for the construction of an optical fiber communication
network system to support the connection of the submarine cable network between
the west coast and the east coast, the routing of
Bangkok-Satun-Songkhla-Malaysia, which will invest by International Gateway Co.,
Ltd., a 100% subsidiary of the Company.   The Board of Directors' meeting
approved the investment under the construction budget of THB 595 million.

The size of investment transaction calculated by the value of consideration 
criterion. It is 18.4% of total assets of the Company as at September 30, 2022,
considered as type 2 transaction.
Investment budget value 				THB 595 million
The Company's total assets as at September 30, 2022 	THB 3,225 million
Investment portion/total assets 			595/3,225 = 18.4%
The Company has no other investment approval transactions in the past 6 months.

Because the size of investment in this project is considered as Type 2 
Transaction, according to the method of calculating the transaction size by
using the total value of consideration criterion, according to the Notification
of the Capital Market Supervisory Board No. TorJor. 20/2008 Re: Rules for
Significant Transactions Qualified as Acquisition or Disposition of Assets dated
August 31, 2008 and the Notification of the Board of Governors of the Stock
Exchange of Thailand. Re: Disclosure of Information and Acts of Listed Companies
Concerning the Acquisition or Disposition of Assets B.E. 2004 dated October 29,
2004. The Company is obliged to disclose information to the Stock Exchange of
Thailand and make a circular letter to shareholders within 21 days from the date
 of notification to SET.

The Company, with the acceptance of the Board of Directors, hereby certifies 
that the information contained in this notification is true and correct in all
respects and has been prepared with due care and caution. The interests of the
shareholders were taken as a priority.

For your information.

Best regards,
Somboon Setsuntipong					
Vice President
Finance & Accounting
______________________________________________________________________
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