shareholders’ meeting of the Company shall have approved the entering into the Transaction; and (2) No change has occurred, which causes a material adverse effect on assets, liabilities, business opportunity
remaining amount of GLOW’s shares of 69,530,219 shares, or 4.75% of the total shares, at Baht 90.8136 per share. The company may be able to adjust the price if GLOW (1) Offer dividend paymen t (2) Change in
account of nature, scale, quantity, complexity and diversity of businesses and services, as well as acceptable level of risks relevant to such businesses and services. 2 In case where any material change is
relevant to such businesses and services. 2 In case where any material change is made to its operating system, the intermediary shall deliver a report of such change to the SEC without delay. Clause 12 The
amended) (the “Acquisition and Disposal Notifications”). The value of the Entire Business Transfer Transaction of not more than Baht 14,500 million combined with the estimated additional capital investment
holders; (b) investment strategy of the index in cases where the calculation of returns makes reference to such investment strategy; (c) reason for the change of calculation method or cancellation of the
lockdown. Given the situation, the Company decided to temporarily close hotel operations and change its business plan by implementing cost saving according the change in revenue, whilst taking the
and long-term debt from financial statements as of 30 June 2020 which may be varied from the estimated amount stated in the Sale and Purchase Agreement. Nonetheless, it is expected that such adjustment
business. 5 2) The Company does not have policy to materially change its core business. The Company and PF do not have policy to change the business operation. SAFARI Group intends to continue to operate in