United Kingdom and/or its subsidiaries in the Republic of India, Portugal, the United States of America, and the People’s Republic of China (collectively referred to as the “SGAH Group”), in order to forge

Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China

Company acknowledged the one- time profits in the amount of THB 108 million from the transfer of Thai restaurants in the United Kingdom consisting of 4 Patara restaurants, and other relevant properties to

because in the Quarter 4 of 2017, the Company acknowledged the one- time profits in the amount of THB 108 million from the transfer of Thai restaurants in the United Kingdom consisting of 4 Patara

25.10% to 49.99% of all registered and paid-up shares of SGAH. List of shareholders (SGAH) Pre-Subscription New share subscription Post-Subscription Number of shares % Holding Number of shares % Holding

United States of America to operates international trading business; earning gradual revenue and primary profit increase with small remaining net loss due to the cost of new company incorporation and

investment properties, reverse effective interest rate on loan, professional fees, land transfer fees and sales & marketing expenses for the launch of new residential projects Revenue from sales of house and

, professional fees, land transfer fees and sales & marketing expenses for the launch of new residential projects Revenue from sales of house and condominium units At the end of 1Q19, total residential projects

fees, land transfer fees and sales & marketing expenses for the launch of new residential projects Revenue from sales of house and condominium units As of 30 June 2019, the Company and its subsidiaries

many others, and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and our overseas subsidiary, namely Intercarabao Limited (“ICUK”). For