of a joint-stock company The Board of Directors’ Meeting Ref.1/2019 of L.P.N. Development Public Co., Ltd. (“the Company”) held on 14th February 2019 has resolved to establish a joint-stock company

7 3. Business Directions and Operations of Core Businesses 9 3.1 Sustainable Development and Corporate Governance 9 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of

, herein collectively called “Boonrawd Group”). Under the Master Service Agreement, S Hotels is a service provider in relation to tourist facilities development project on Enboodhoo Lagoon in the Republic of

. The company, then, might decide to reschedule the development plan according to changes in economic situation. In 1Q2020, S Hotels and Resorts PCL (“SHR”), a subsidiary of the Company, entered into a

ที่ กบร No. Kor Bor Ror. 012/2019 October 22, 2019 President The Stock Exchange of Thailand Re : Increasing budget for hiring connected party for sales management and system development Ref

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) reaching out to all parties to allow businesses and the public to make greater use of the capital market; (2) building a strong foundation for sustainable development, (3) increasing the efficiency of the

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 for project development

1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654

, performing arts and entertainment media. These projects might be released in series at different periods and it could be cumbersome to file for single ICOs individually. In accordance with phased release of