remaining “net cash” in Engie Holding (Thailand) Co., Ltd. (which shall not exceed THB 1 million); (5) The Company’s acquisition of the GLOW shares under the aforementioned Clauses (1) and (2) will occur upon
— remaining “net cash” in Engie Holding (Thailand) Co., Ltd. (which shall not exceed THB 1 million); (5) The Company’s acquisition of the GLOW shares under the aforementioned Clauses (1) and (2) will occur upon
profit in accounting from the disposal of assets that will help developing the conditions of the consolidated financial statements. In addition, the Company will gain income as the increase of cash flow of
cash at the day of transaction completed and set the precedent conditions for buyer and seller that has essence as follow: precedent conditions of buyer (1) The Company must issue warrant and offer to
cease to be a subsidiary of the Company. The Company will sign the share purchase agreement for the Shares of WPS and/or other related agreements and will transfer the Shares of WPS to the Purchaser
exceed 83 ,000 ,000 Baht. With the sole discretion of the Company, the payment shall be paid either means as follows: a. by cash within 30 days from the date which the Financial Statement has been
shall either pay in cash or issuance of private placement to the Seller upon sole discretion of the Company. 3.2 Subscription of NEXT Newly Issued Shares After the share transfer the Company shall proceed
for the First Quarter ended 31 March 2019 Page 6/19 3.3 LH Bank PromptPay Service is a new transfer service for reduce the cash using and easy financial transferring which requires transferees to link
services (converting solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to