Committee and Audit Committee Board of Directors and Audit Committee have examined together that in the past 1-2 years, the joint venture company has lost operating results. One of the reasons is high

, Pattaya, Krabi, etc. and the utilization rate is quite high. Thus, the Company is looking to search new additional areas covering Thailand such as beach view or tourist attractions, together recreation

consider and approve the establishment of a subsidiary in Thailand namely Asia Carabao Venture Company Limited (“ACV”), and in this connection approve ACV to enter into the joint venture agreements together

research and development – R&D) in Q1’20 keep close to Q4’19 and Q1’19 contribute from the squeezed of Admin and Selling expenses together with the boost up of R&D workforce especially in Europe in order to

wheat used in Q1’2020 cheaper than in Q1’2019 due to wheat prices that have been purchased since the middle of the year together with the strengthening baht at the end of last year. The average capacity

continuous progress, together with the transaction has interest rate, loan period, repayment schedule and other conditions appropriate which will be able to generate long term benefits to the company and

, mountain view or tourist attractions, together recreation activities, for example, water sports, mountain bike, trail, etc, Moreover, the Company is committed to driving sustainability since the Company use

compared with the same quarter last year was due to the expedited delivery of projects such as USO (Phase 2), Cable Landing Station and CAT-IDC, together with the revenue recognition of MA USO (Phase 1

restatement. (paragraph........); ( 6.4 Others (paragraph........). This summary is intentionally prepared for management of a company in submitting together with financial statements to the Securities and

for management of a company in submitting together with financial statements to the Securities and Exchange Commission and shall not be used for other means. Signed ( ) CPA License No: Date: