, which would generate profit to the Company in the future. 4.2 Rationale and necessity of the offering of the newly issued ordinary shares to the specific investors (Private Placement), i.e. Silom Road

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...

. Opinion of the Company’s Board of Directors 4.1 Reason and necessary of the capital increase The Board of Directors has opined that the capital increase via private placement transaction is necessary and

-Translation- No. ECF2 044/2561 3 December 2018 Subject: Notification of the resolutions of the Board of Directors’ Meeting approving the investment in purchasing the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General Meeting No. 1/2019 To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum...

consider approving the entering into such transaction. 3.3. Rationale and background of the transaction Due to the policy decisions by the former management of the company last year 2014 in the auction of

financial statements. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the business operation, as the

disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the debt repayment and the

. -Signature- (Vijit Supinit) Chairman The Securities and Exchange Commission Remark: The rationale for issuing this Notification is to prescribe rules on approval of an offer for sale of newly issued share

Commission ___________________________________________________________________________ Remark: The rationale for issuing this Notification is to amend the rules on approval of auditors by prescribing

the repayment of debts owed to the Mahachai Group, please see 4.2 Rationale and Necessity of the Offering of the Newly Issued Ordinary Shares.) In addition, other fund-raising methods may cause a delay