Ramkhamhaeng Hospital Public : The acquisition of investment in Vachara Sirivej Co.,Ltd. (Chiangrai Inter Hospital)

June 7th, 2022

To	:	Managing Director
		The Stock Exchange of Thailand
Re	:	The acquisition of investment in Vachara Sirivej Co.,Ltd. (Chiangrai Inter Hospital)

The board of directors of Ramkhamhaeng Hospital Public Co.,Ltd. No. 013/2022 held on June 7th, 2022 passed the following resolution concerning the acquisition of Vachara Sirivej Co.Ltd.'s share in the amount of 2,415,500 shares at the price of baht 100 per share, totally baht 241,500,000. Detail of the transactions are as follows :

1. Transaction date With in June, 2022

2. Parties involved

Vachara Sirivej Co.,Ltd. has increased company capital in the amount 4,864,200 shares and sells to Ramkhamhaeng Hospital Plc. in the amount of 2,415,500 shares at price 100 baht per share.

Relationship between buyer and seller : No

3. Total value of consideration

The payment will be made once in cash for a total amount of 241,550,000 baht.

4. Basis used in determination on the value of consideration.

Ram purchases the new share at par value by reference the property appraisal company named

" 15 Consult Business Co.,Ltd. It appraises the business value at 102 baht per share.

5. Share holding percentage of the company.

Prior to investment : None

After investment : 40.26 % of the total issued and paid up capital of Vachara Sirivej Co.,Ltd. (registered capital 600 million baht)

The name of shareholders after Ramkhamhaeng take part in Vachara Sirivej Co.,Ltd. (Chiangrai Inter Hospital)

				NAME	BEFORE	AFTER
				Number of	% Registered	Number of	% Registered
								Shares	Share	Shares	Share
1.		Ramkhamhaeng Hospital Public Co.,Ltd.	-		2,415,500	40.26
2.		Hariphunchai Memorial Hospital	Co.,Ltd.	-		1,500,000	25.00
3.		Techatheerawat Group	954,014	84.00	1,026,214	17.10
			Mr. Vatchara	Techatheerawat	130,844		160,844
			Mr. Siri	Techatheerawat	415,224		415,224
			Mrs. Orawan	Techatheerawat	95,802		98,002
			Miss Khanawan Techatheerawat	150,393		170,393
			Mrs. Laksipha	Techatheerawat	150,393		170,393
			Mrs. Woranaj	Techatheerawat	11,358		11,358
4.		Chaingmai Ram Co.,Ltd.	-		200,000	3.33
5.		Takkaphuetphan Group	124,938	11.00	124,938	2.08
			Mr. Pheera	Takkaphuetphan	102,222		102,222
			Miss Pornlada	Takkaphuetphan	11,358		11,358
			Mr. Pharadorn	Takkaphuetphan	11,358		11,358
6.		F & S 79 Co.,Ltd.	-		100,000	1.67
	7.	Chiangmai Ram Medical Business Public Co.,Ltd.		-		100,000	1.67
8.		Theppanya Business Co.,Ltd				-		50,000	0.83
9.		Khaonkaen Ram Co.,Ltd.	-		30,000	0.50
10.		Other					56,848	5.00	453,348	7.56
						Total	1,135,800	100	6,000,000	100

1. Haripoonchai Momorial Hospital is Chiangmai Ram's subsidiary. (Chiangmai Ram holds share =
   86.70 %)
2. Techatheerawat Group is no related to Ramkhamhaeng's committee and it isn't the major shareholder of RAM.
3. Ramkhamhaeng will send two directors to be the executive of Vachara Sirivej Co.,Ltd. (Chiangrai
   Inter
   Hospital)

6. The Expected benefits to the company.

Chiangrai Inter Hospital has operated private hospital size 50 beds since February 4th, 2014 to present And locates at 123 Pahonyotin road, Chiangrai 57000. Ramkhamhaeng has purposed to expand

business

to other provinces. Chiangrai Inter Hospital has good location and chances to growth business in the future.

Ramkhamhaeng expects to received dividend at preferable rate in the future.

7. Sources of Funds

The company will acquired the asset by using its available fund. 8. General description of the transaction

The transaction is Acquisition of Asset of Listed Companies, the size of the transaction is 0.67 % value of asset. Including the acquisition of assets with in six months, the transaction size is 6.03 %. The size of the transaction is below 15 percents and there is no newly issued share in return of payment. However the company will report the transaction to the Stock Exchange of Thailand.

	Method	Calculation	Transaction Size %)
			NTA of the invested fund x proportion of the assets
1.	Asset Value Method (NTA)	acquired	0.19
			Company's NTA
			New profit of the invested funds x proportion of the
2.	Net Profit Method	asset acquired	-
			The Company's net profit
3.	Aggregate Value of Returns Method	Value of acquired assets	0.67
Net value of the Company's assets
			Number of shares issued to pay for assets	Impossible to
4.	Aggregate Value securities Method	All the Company's issued and paid-up shares	calculate as no shares
	were issued for the
				purchase

9. Financial Data of Tippayabodin Co.,Ltd.
	Unit : million
	December 31, 2021
Total Assets	159.50
Total Liability	76.73
Registered and Paid-up Capital	113.58
Shareholders' Equity	82.76
Total Revenue	48.74
Expenditure	53.14
Net Profit (Loss)	(7.76)
Earning Per Share (E.P.S.) (Par = 100)	(6.84)
Book value per share (baht)	78.87
Weighted Common Stock (share)	1,135,800

At December 30, 2021 Chiangrai Inter Hospital participated in the moratorium project with the financial institution. This project had 3 years period from December 30, 2021 to 2024 and it had

increased expense as follow ; 1.	Property maintenance free	3,000,000	baht
2.	Property rent	300,000	baht

3. The loss will occur in the amount of 21.15 million baht if the

company don't pay the debt as promised. Because the collateral has value more than debt the amount of

21.15 million baht.

10. Opinion of the company's audit committee and / or director which are different from the opinion of the board of director (no)

Your faithfully,

(Dr. Chamnan Chanapai)

Managing Director