disclosure and seek the approval from shareholders meeting having an opinion from the independent financial advisor according to the announcement of the Capital Market Supervisory Board No.21/2551regarding the
disposal of Land and Buildings will help the Company have cash flow to repay the debt within the time specified, which will reduce the burden on interest expenses and increase the financial liquidity of the
caused oversupply in table glassware market. The Company continued developing new product designs to serve customer needs. In 2017, Ocean and Ocean Professional Brands, launched new series of glass
of the Company. In this regard, the transaction size of the disposal of such assets pursuant to the Notification of Capital Market Supervisory Board No. Tor. Jor. 20/2551 Re: Rules on Entering into
reference. Notification of the Capital Market Supervisory Board No. TorThor. 63/2552 Re: Rules, Conditions and Procedures for Brokerage and Dealing of Securities Which Are Not Debt Instruments or Investment
made to the resolutions of the Board of Director Meeting No. 7/2017 of Carabao Group Public Company Limited (the "Company") held on 14 November 2017 as follows: 1. To approve the Company's financial
Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges
a strategic partnership to grow their business and utilize both companies’ strengths in the global market. Total investment is at the amount of up to USD 100 million or equivalent to approximately