22.7 Total 400,000 100.00 554,317 100.0 In this regard, the transaction is not classified as a connected transaction as defined by the applicable notifications of the Capital Market Supervisory Board and

of the Securities and Exchange Commission governing determination of definitions in notifications relating to issuance and offer for sale of securities; (2) “warrant” means a share warrant; (3

application for a license and the granting of a license to provide services as a securities registrar, which is subject to other specific rules governing such matter as prescribed by other Notifications. Clause

Olympic Themed Card, which offering special privileges for sports and health lovers, including 4-time/month free access to leading fitness clubs, yoga classes, and Muay Thai gyms. In addition, the customers

: International Tourist Arrivals to Thailand January-August 2019 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new strategies and marketing plans to

to be able to transfer some villas to the customers during Q1 2018. MahaSamutr Country Club and Sports Club are currently in the process of infrastructure including exterior and interior decoration

and will be completed soon. The Company expects to be able to transfer some villas to the customers during Q1 2018. MahaSamutr Country Club and Sports Club are currently in the process of infrastructure

2019. Meanwhile, MahaSamutr Country Club and Sports Club are currently in the process of restructuring and expected to be completed and operated in 2019. Project Operated By Project Value (MB) Total

three villas and recognized revenues of 160 million Baht. The Company expects to be able to sell and transfer the remaining villas to its customers in 2019. Meanwhile, MahaSamutr Country Club and Sports

period last year (source: International Tourist Arrivals to Thailand April-June 2019, Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new