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

Bangkok Bank and Bank of Ayudhaya. The Company expects to launch money transfer service with these 2 banks within 6 months. The Company’s goal is to launch money transfer service with 5 banks; Kasikorn Bank

outsiders or any obligation in project investment or other similar obligations that may effect to its operation. Factors Affecting Business Operation in the Future For the year 2018, the Company expects that

driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

Capital I’s loan comes from its working capital and/ or new funding from outside source which is currently in process. The company expects such loan can be repaid within stipulated timeline. Related persons

the ownership of MahaSamutr project totaling of 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

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

of more than 80,000 passengers per day during its first month of operation. Since the operation of business in Indonesia is still at infancy stage, the Company expects that it will not generate

expects to obtain the investment funds from financial institutes and/or joint investment with business partners. 9. Opinion of the Board of Directors and/or Audit Committee of the Company The Board of

Agreement on 7th August 2019 in relation to the proposed Transaction. The Company expects the closing of the Transaction to be during the Q4/2019 subject to the applicable regulatory approvals. 2. Parties