Rajthanee Hospital Public : Notification of the connected transaction

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No. RJH - SET 6/2022

		8 August 2022
Subject	:	Notification of the connected transaction
To	:	The President
		The Stock Exchange of Thailand
Enclosure :	Information Memorandum on the Connected Transaction Re: Purchase of Land

Rajthanee Hospital Public Company Limited ("the Company") would like to inform that the meeting of the Board of Directors No.4/2022 held on 8 August 2022 has resolved to approve the entering into the connected transaction to purchase land for a Radiation Oncology Hospital. The details are shown in the enclosure.

Please be informed accordingly.

Yours Sincerely,

(Mr. Surin Prasithirun)

Managing Director

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Information Memorandum of the Connected Transaction

According to the Board of Directors No.4/2022 of Rajthanee Hospital Public Company Limited ("the Company") held on 8 August 2022 has resolved to approve the establishment of Radiation Oncology Hospital and purchase of land for hospital location from Mrs. Samorn Prasithiran, the spouse of Dr. Surin Prasithiran who is Director, Managing Director and major shareholder of the Company.

This transaction is considered as a connected transaction Category 4 related to assets or services pursuant to the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules for Connected Transactions and the announcement of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Acts of Listed Companies Concerning Connected Transactions, 2003 (collectively referred to as "Notification of Connected Transactions") ; the Company is required to disclose the Information Memorandum on such transaction to the Stock Exchange of Thailand.

1. Date of the transaction.
   Within 31 January 2023
2. Related parties and their relationship with the listed company.
   Seller: Mrs. Smorn Prasithirun
   Buyer: Rajthanee Hospital Public Company Limited.
   Relationship with the listed company: The seller is the spouse of Dr. Surin Prasithirun. who
   is Director, Managing Director and major shareholder of the Company. Both of them collectively held 15.49%. of the Company shares
3. General characteristics of the connected transaction.
   The Company will purchase land from the connected person for the development of a Radiation Oncology Hospital. The total investment budget is approximately 210 million Baht, consisting of building and equipment costs of 147.5 million Baht and land costs of 62.5 million Baht.
4. Details of the land are as follows.

Location:	Rojana Road, Sam Ruean Sub-district, UThai District. Phra Nakhon Si Ayutthaya
Area :	2.5 rai
Price :	25 million Baht per rai. Tax and transfer cost to be borne by the seller. Total value is

62.5 million Baht

5. Total value of consideration and payment terms.

The Company will pay by cash on the date of ownership transfer.

Item size calculation details.This transaction is worth 62.5 million Baht (no connected transaction for the past 6 months) equivalent to 2.48% of the net tangible assets of the Company,

which is equal to 2,519 million Baht according to the Company's consolidated financial statements ended 30 June 2022. The transaction size is more than 1 million Baht or 0.03% of the net tangible assets but less than 20 million Baht or 3% of the net tangible assets (whichever is higher) according to the announcement of connected transactions.

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1. Criteria for setting prices
   Buyers and sellers have considered the selling price by referring to the market price of nearby land.
2. Details of connected persons
   The seller of the land is a connected person of the Company because she is the spouse of Dr. Surin Prasithirun who is Director, Managing Director and major shareholder of the Company. Both of them collectively have total shareholding of 15.49%.
3. Source of funds used in the transaction.
   Cash flow from operations of the Company
4. Directors who have interests and/or directors who are connected persons
   Dr. Surin Prasithirun is a stakeholder and a connected person. The meeting invited Dr. Surin Prasithirun and Ms. Phitraphee Prasithirun to temporarily leave the meeting during the consideration of the connected transaction.
5. Opinion of the Board of Directors of the Company.
   The Board of Directors opined that the purchase price is reasonable given the location and shape of the land. It is located on Rojana Road which is the main road and in the community area:
6. Opinions of the Audit Committee and/or Directors that is different from the opinions of the Board of Directors.
   - None -