future. Therefore Company Board of Directors has approved with the joint venture agreement in respect of four projects with the total transaction value of 22.13% at the executive meeting, details as shown
of 22.13% which is the maximum transaction value based on the first calculation basis i.e. Net tangible assets criterion comparing with Net tangible assets of the Company and its affiliates, details as
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Management Discussion and Analysis ( - translation - ) For operating result of 3Q19, ended 30 September 2019 Raimon Land Plc. | 14 November 2019 1 / 7 Major Events in 3Q19 July Issued unsubordinated
shareholders of the Company. In this regard, the Company has appointed JVS Financial Advisory Company Limited as the independent financial advisor. Therefore, the Company would like to provide details regarding
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