(2) and Clause 13 (3); (2) the appointee shall be a permanent employee of the management company and able to work full-time for the management company except that such person holds the position of
except that such person holds the position of director of the management company; (3) the appointee shall not hold any other position in the management company except where such position has either of the
Execution of Agreements for Private Fund Management ; (7) “ major shareholder ” means a person directly or indirectly holds shares of a juristic person exceeding 10% of the total number of voting rights of
Execution of Agreements for Private Fund Management; (7) “major shareholder” means a person directly or indirectly holds shares of a juristic person exceeding 10% of the total number of voting rights of such
development). The acquisition was made by Vienna House Germany II GmbH, which is a subsidiary in which the Company indirectly holds 100 percent of shares. arcona Living Mannheim arcona Living Greifswald BLENDED
that the meeting has a unanimous resolution approving Planet Board Company Limited (“Planet”), which is a subsidiary of the Company, of which the Company holds 5,700,000 ordinary shares of Planet or
subsidiary of the Company and holds the license and operating the Nation University business, in other words, selling 30,599,999 ordinary shares of NU, equivalent to 90 of the total shares of NU to Chirasak
percent of the total issued shares of the Company) Remarks: 1. ACeS Regional Services Co., Ltd. (“ARS”) is a subsidiary of JAS, whereby JAS indirectly holds shares in ARS as follows: 98.04 percent of ARS
venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS