. Clause 20 If any of the following circumstance arises and constitutes a reasonable doubt, the Office may not grant the approval on the establishment of the fund: (1) the fund filed for the approval on the
, to carry out the foregoing work then constitutes (Translation) 3 a connected transaction in the ordinary course of business of the Company without any general trading conditions in accordance with the
constitutes a connected transaction in the ordinary course of business of the Company without any general trading conditions in accordance with the Connected Transaction Notifications. 3. Total Transaction
major shareholder, to carry out the foregoing work then constitutes a connected transaction in the ordinary course of business of the Company without any general trading conditions in accordance with the
of a major shareholder which constitutes a material transaction, that is, the value of the transaction exceeds THB 20 million and exceeding 3 percent of the NTA, and once the value of the transaction
regard, the Transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions
pay to increase in capital of GS proportionally which mean the Company hold GS’s share for 40 percent. (The details in clause 4 sub-clause 3) page 14) The entering into the transaction constitutes an
person of the Company and, therefore constitutes a connected transaction of the Company. Moreover, the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity