new ordinary shares of Rich Asia Industry Co., Ltd. (“Subsidiary Company”) Enclosure 2. Involved parties and relationships between the parties Machinery Sale and/or Transfer of Ownership Seller Rich
to earn a premium to industry benchmark in this over-supplied region. Given IVL’s vast geographical footprint, its integrated business model, its proven ability to benefit from local market dynamics
ordinary shares of Rich Asia Industry Co., Ltd. (“Subsidiary Company”) Enclosure 2. Involved parties and relationships between the parties Machinery Sale and/or Transfer of Ownership Seller Rich Asia
Singha Complex, 39-storey condominium with 319 units and value at THB 4,347m, began ownership transfer in September 2019. Amid sluggish in property market, by far, both sales and transfer activity have
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
discount for sales of the UNIXX South Pattaya project as well as the transfer of the project with low GPM project as described above. If not taking the 2 projects into account, the Company would have a GPM
remaining backlogs and inventory from the four property development projects are in total of 13,762 million Baht in which are in process of completion and expected to transfer as planned. 1. As of 31 December
remaining backlogs and inventory from the four property development projects in a total of 15,746 million Baht, which are in process of completion and expected to transfer as planned. 1. As of 31 December
subsidiaries. 1. SUT Global Co., Ltd. In July, 2018, the Company had purchased and accepted a transfer of SUTG Holding Co.,Ltd’s entire business, which owns 132,000 shares in SUT Global Co.,Ltd as at the
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