process and the disclosure requirements, e.g. filing the registration statement, the draft prospectus, audited financial statement, and other documents related to ICO with the SEC. Therefore, when fraud or

, the size of the transaction does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Subsidiary Board Tor Jor 20/2551 Re: Rules on Entering into

persons who hold investment units in a number that exceeds a specified number; (5) establishment of an investment advisory committee; (6) disclosure of information after offer for sale of investment units

concerning Rules for Being Settlor and Trustee of Real Estate Investment Trust; (6) disclosure of information: (a) there shall be no reasonable suspicion that the information disclosed to investors is

. 2550 (2007) and the Securities and Exchange Act B.E. 2535 (1992), especially the Sections relating to the issuance and offer for sale of securities and disclosure, as well as notifications, rules and

Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”). The

Disposal of Assets, dated August 31, 2008 (as amended) and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies

Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2 0 0 4 ( collectively, the “Notifications on Acquisition

the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2 0 0 4 ( collectively

persons of the REIT manager; (11/1) transactions being conflict of interest between the REIT and a trustee; (12) disclosure of information of the REIT; (13) payment of distribution to unitholders; (14