Date/Time 24 Dec 2024 17:08:00

Headline

Notification Of Related Party Transaction (Disposal of Unused Assets) (Revised 2)

Symbol CFARM
Source CFARM
Connected transaction CFARM will sell the land to Mr. Chuwit Jungtanasomboon., who is a shareholder of the company and a close relative of three company directors: Mr. Churat Jungtanasomboon, the younger brother of Mr.Chuwit Jungtanasomboon. Ms.Sarinya Juengthanasomboon, the older sister of Mr. Chuwit Jungtanasomboon. Ms. Mathucha Juengthanasomboon, the daughter of Mr. Chuwit Jungtanasomboon. ______________________________________________________________________ Acquisition or disposition of assets The sale of land by CFARM to Mr. Chuwit Jungtanasomboon is classified as a Related Party transaction of assets and services. The transaction value is determined based on the highest value of consideration, which is the land sale price of THB 4.50 million. CFARM will receive the consideration in cash. Accumulated transaction size over the past 6 months : None. Total transaction value: THB 4.50 million, representing 0.69% of CFARM's net tangible assets (NTA) as per the consolidated financial statements for Q3/2024, ending 30 September 2024. This is categorized as a medium-sized Related Party transaction (value exceeding 0.03% but less than 3% of the company's NTA or between THB 1 million and THB 20 million). The transaction requires approval from the CFARM Board of Directors and disclosure to the Stock Exchange of Thailand (SET). ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.