Directors is of the opinion that the price not over Baht 60 Millions. The Internal Rate of Return is 15.74% and Economic Internal Rate of Return is 26.79% 8.2 Opinion of the Board of Directors about condition
liquidity management purpose, the company has successfully negotiated the purchase of asset acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition
agreements, the company was required to maintain its D/E ratio of not higher than 2 .0 times. For the long-term loan agreements, there is additional condition to maintain DSCR of not less than 1.1 times. 3
acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition as follows, 1. The buyer made a holding deposit of 20 Million Baht for 3 title deeds
payable on the Signing Date on the condition that the assets required for the operation of the Self-operate Restaurants have been completely transferred to the Seller (October 11, 2018); 3) THB 25,000,000
50,000,000 and have outstanding in amount of THB 50,000,000. Under the Land Purchase Contract, there is a condition provided that if the Company pays for additional THB 30,000,000 then the seller will
that have the potential to grow and support the main business of the Company, for the Company to be able to continuously operate. 9. Condition for the entering into the transaction This entering into the
Exchange of Thailand and send the information memorandum to shareholders within 21 days. However, the Sellers still have the duty to complete the significant condition of this investment. Therefore, there is
through a recognized portal are automatically approved. As a condition for approval, the issuer must submit required reports and documents to the ICO portal and the SEC at and after the offering. In case of
provide any early indication of any deterioration in the issuer’s financial condition. I. Meeting of debt securities holders 1. Disclose details relating to the requirements for convening, attending or