the following transactions and proposed that the shareholders meeting consider and approve the Company to acquire the shares and make a tender offer for the entire securities of Glow Energy Public

acquire tota Keong Rubber Manufactory (Malaya) Sdn Bhd MYR which accounted for 100% of total paid MYR or equivalent to 416,537,120 THB which calculated by issuing 55,000,000 new ordinary shares which is

100 percent shares held by the Company, to acquire the additional ordinary shares in the amount of 16,875 shares, equivalent to 30 percent of the total shares of COMASS from the Seller at the purchase

held on November26, 2017 which has the material resolutions as follows 1. Approved to propose the Shareholders’ Meeting to approve the Company to acquire total shares of 20,000,000 of Fung Keong Rubber

acquire total shares of 20,000,000 of Fung Keong Rubber Manufactory (Malaya) Sdn Bhd MYR which accounted for 100% of total p MYR or equivalent to 416,537,120 THB which calculated by issuing 55,000,000 new

Future Growth In order to acquire shares of Glow Energy Public Company Limited (“GLOW”), the company had obtained a short -term loan from financial institution and major shareholders to make the payment to

major receivables, which was famous automobile manufacturing companies in Thailand. As a result, the Company did not set the allowance for doubtful accounts. Average days sales of inventory were 20 days

Company Limited (“Channel 7”). VGI and Channel 7 will bundle their offline and online media including influencer campaigns from famous stars into new media packages under the joint venture’s influential

food which famous and being accepted from people around the world. The Company has an expansion plan to open hotel under brand “Hotel Kitch” in major tourist cities in Thailand soon. For the development

structure. Then, it has been found that the operation of the project in the same manner may result in an inability to acquire the benefits to Company and for shareholders as when the investment was previously