placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized. Furthermore, STARK
been fully utilized. Furthermore, STARK lacked retained earnings or sufficient liquidity to carry out the share repurchase project as disclosed. Such act was deemed a dissemination of false information
baht to a private placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized
1) 2.2 Details of the operation of the Company and/or its subsidiaries in which the proceeds will be utilized 1) Rectifying the topic by cutting the word ‘Project’ 2) Clarifying the definition of the
annum. In this regard, the Company has utilized such loans in the business operation of the Company since, according to the Company’s financial information and operating results, the Company not only has
connected transaction of the Company, to the SET forthwith, with the minimum particulars as required by the Notifications on Connected Transactions; (2) To appoint an independent financial advisor to perform
approved to cease such business to connected person of ocean commerce public company limited. 2. Resolved to approve the appointment of Discover Management Co., Ltd., a financial advisor on the list approved
1 - Translation – Bor.Chor.Ngor 0328/2017 September 26, 2017 Subject: Connected transaction : Renewal of a hotel management advisor agreement Attn : President The Stock Exchange of Thailand With
a period of 30 months, with Mr. Nirum as the lender, where the interest rate for both loan agreements is 12 percent per annum. In this regard, the Company has utilized such loans in the business