/5 - Translation - Ref. J62/003 25 February 2019 Subject: Management Discussion and Analysis for Yearly Ending 2018 To: President The Stock Exchange of Thailand Regarding to JAS Asset Public Company

Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok to the Stock Exchange of Thailand as follows: 1. Approval of the disposition of asset being land plots located in Niseko Sub

) receivables of securities purchased to order; (6) margin loan receivables and securties borrowing receivables; (7) collateral receivables; (8) any other asset as stipulted by the SEC Office. “ general

) receivables of securities purchased to order; (6) margin loan receivables and securties borrowing receivables; (7) collateral receivables; (8) any other asset as stipulted by the SEC Office. “general

) receivables of securities purchased to order; (6) margin loan receivables and securties borrowing receivables; (7) collateral receivables; (8) any other asset as stipulted by the SEC Office. “general

% to 100.00% of its authorized share capital. The Company will be paid the shares amount in August 2019, as follows: 1. Date of transaction : Within August 31, 2019 2. Involved parties Buyer : Eastern

up capital is VND 1,700 million divided into 17,000 common shares with a par value of VND 0.10 Million. Date of signing Within 1 month from the date of the Board of Directors of the Company has

kilometers and 20 stations, connects with the MRT Chaloem Ratchamongkhon at Bang Sue Station and Hua Lamphong Station. The completed and operated date is within 36 months from the date the MRTA gives the

asset businesses operating before these two laws became effective which intend to continue operations must file an application for approval within 90 days of the effective date of these statutes. Approval

resolved to approve the acquisition of assets with the following details: 1. Transaction Date Within 31 October 2017. 2. Parties involved Buyer White Group Public Company Limited Seller Custom Pack Company