business acquisition after making an additional investment to increase ownership from 40% to 100% in order to support growth potential, increase flexibility and increase the overall beverage production

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering

Tiger Associates Ltd. (3) Mr. Nuttawut Phowborom and (4) Mrs. Sangduan Ewbamrung (collectively called “Existing Shareholders”) in the number of not less than 14,947,300 shares, at a par value of Baht 10

and approval To motivate the personnel’s dedication to their work, to enhance the employees’ spirit of ownership in their organisation and to ensure the efficient and sustainable growth of business

Directors approved Eye On Ads Company Limited (“Eye On Ads”), a wholly-owned subsidiary of MACO, to acquire 81.65% of Trans.Ad Solutions Co., Ltd. (“Trans.Ad”) with a total investment value of THB 388mn

system (ESS) and smart grid technology in Eastern Aviation Specialised Zone and Eastern Economic Corridor (EEC) area, as well as with Korea Midland Power Co., Ltd (KOMIPO) for the collaboration in

projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019. II Gourmet Food and Beverage Business In Q1 2019, the total revenues of

from its financial institutions which are sufficient to complete the projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019

at 21.5% and continuously recognize the profit from joint venture condominium projects (Joint Venture) with Nomura Real Estate Development Co.,Ltd. are Knightsbridge Prime Ratchayothin and

Auditing Co., Ltd. to be the auditors of the Company and its subsidiaries located in Thailand for the fiscal year 2020 with their remuneration shall not be exceeding Baht 2,010,000 per annum. The approved