possibility of a substantial increase in related party transactions, the potential cross-shareholding structure and the possible overlapping of independent directors or audit committee members. Moreover, RS

the effective revocation of its licenses, Zipmex retains its status as a limited company with corresponding rights, responsibilities and liabilities, including the possibility of being subject to

30% increase in SG&A, mainly from profession fees relating to the investment in the Outrigger-branded hotel portfolio, as previously mentioned. Page 5 of 5 Financial Costs (Interest Expenses) In 1Q18

hasbasic understanding of general laws related to the profession. The qualifications will be considered from the personnel’s: □(2.1) First name, last name, and education; □(2.2) Work experiences, given with

related to the profession. The qualifications will be considered from the personnel’s: □(2.1) First name, last name, and education; □(2.2) Work experiences, given with specific information regarding work

to be used as a decision making tool at that time. However, at the present, the project of SUTG that is expected to win the bidding has high possibility to unsuccessfully win the bidding because other

production of OEMs of 450-500 million INR. The Company has assessed and analyzed the possibility of the additional investment with a return on investment (IRR) of no less than 17.57%, Net Present Value (NPV

will start to realize revenue from the production of OEMs of 450-500 million Indian Rupees. The Company has assessed and analyzed the possibility of the additional investment with a return on investment

limited company with corresponding rights, responsibilities and liabilities, including the possibility of being subject to legal action.In this regard, Zipmex clients may contact the company to retrieve

) issuing and selling of Libra investment token (not Libra cryptocurrency). If the token will be offered in Thailand, a permission is required. However, this possibility is very low as those who are allowed