The Board of Directors has approved the disposition transaction July 24, 2019 The Company will sign the share purchase agreement and/or relevant agreements 2. Relevant Parties with the Company 2.1
Safari World Public Company Limited No. 6/2018 on May 25, 2018, have a resolution to approve the renewal of land lease agreements with Jungle World Company Limited (“Jungle World”) for 1 year, until 31
transaction to complete the disposal of the subsidiaries’ assets of not exceeding to 1,200 million Baht for the Company. The total value of the 2 agreements were 14,000 million Baht. The summary of significant
expected costs of service during the term of the Marketing Support Service Agreement and is in accordance with arm’s length price of the agreements of a similar nature. In addition, the service fee will help
conditions precedents specified in related agreements are satisfied. One Sukhumvit 59 expect to enter into this transaction within November 2018. The Company will updated and disclose the progress of this
obtaining approval from the Board of Directors Meeting and after all conditions precedents specified in related agreements are satisfied. One Sukhumvit 59 expect to enter into this transaction within November
into the agreements regarding the disposition of assets; therefore, hereby discloses the details of the transaction as stated in the enclosure. The summary details of the transaction are as follows: Date
with the Thai Financial Reporting Standards no.16 regarding lease agreements (“TFRS16”) which was effective since 1 January 2020. Notwithstanding, that the compliance to TFRS16 provided no significant