increase of the registered capital of the Company by issuing 650,789,079 newly issued ordinary shares with a par value of Baht 1. 00 per share accounting for 18. 48 percent the Company’ s issued and paid- up
or 65.5%. due to (1) higher membership fee income (2) higher construction and set up income from opening new franchise branches and (3) higher interest income. Costs of Sales of Food and Beverages Item
(Thailand) Co., Ltd., the investment in 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
basis shall not exceed 95,000,000 shares or 10 percent of the paid-up registered capital of the Company as at the date the board of directors approving the increase of the registered capital under the
present installment or in the next installment. The Company is able to manage this likelihood risks because the Company has set a plan and follow up the situation as all times. There is no outstanding loans
shares or 10 percent of the paid-up registered capital of the Company as at the date the board of directors approving the increase of the registered capital under the General Mandate basis. The specific
, resulting in an increase in the unemployment rate. The impact of COVID-19 was felt globally, and the state of emergency was declared in Thailand, resulting in disrupted economic activities whereby certain
global economy 2.) tourism sector growth with an exceptional 12% YoY increase in tourist arrivals for the first six months of the year, especially Chinese, Russian and Indian tourists 3.) recovering
Progress/Approval of the capital increase/share allotment by relevant governmental agency and conditions thereto (if any) The Company shall register the capital increase and paid-up capital with Business