4th quarter of 2019. 10) Opinion of the Company’s Board of Directors Concerning the Transaction The Board of Directors has considered that entering into this transaction will benefit for the Company and
interests, to ensure that they are in compliance with the laws and the Exchange’s regulations, and are reasonable and for the highest benefit of the Company; (6) to prepare, and to disclose in the Company’s
Transaction The Board of Directors has considered that entering into this transaction will benefit for the Company and shareholders due to the Company can expand its business and support the increasing of
. Mahanakorn Project is a project that the Company aim to sell the project to the Real Estate Investment Trust (REIT) after the completion of the construction. This transaction shall be benefit to the Company to
basis of the existing guidelines could result in offering no benefit to the Company and the shareholders. Therefore, the management team has conducted studies to find solutions to minimize the effects of
shall be benefit to the Company to receive cash flow faster than expected. In this regard, after the disposition of such assets, the Company has 4 real estate projects namely Nimit Langsuan, Windshell
the company to lose a benefit that should have been received. (c) having an application for an offer for sale of newly issued shares rejected by the SEC Office on a suspicious ground related to
is possibly negative, which may be subject to delisting from the SET. Therefore, the disposal of such investment will benefit the Company in the term of improved financial position, lower debt burden