foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the Audit Committee and/or directors of the company which are different from those of the Board of Directors

making this process is reasonable and also will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with

foreign shareholding restriction as specified in the Articles of Association of the Company which, at present, allows foreigners to collectively hold the Company’s shares not exceeding 25 percent of total

is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the Audit Committee and/or directors of the

, allows foreigners to collectively hold shares in the Company not exceeding 25 percent of the total number of sold shares in the Company. The Company shall determine list of shareholders entitled to be

, which is the appropriate time for the CM project to receive a better response, because the tourism situation of Phuket should revive to be popular with foreigners again, Causing interest on loans and

the first quarter of 2020, which is the appropriate time for the CM project to receive a better response, because the tourism situation of Phuket should revive to be popular with foreigners again

foreigners at any time shall not be more than forty-nine (49) percent of the total issued shares of the Company. If any transfer of shares causes the Company’ s foreign shareholding exceeding such ratio, the

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. (Update) To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Of...

potential increase in number of foreigners traveling to Phuket up to 15 million tourists. In addition, the improve transportation system of Phuket will also bring in more tourists such as the expansion of