Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the
following the Shareholders’ Approval. The Company has no other disposition transaction within 6 months prior to this transaction of which its size is considered 9.22% on total value of consideration basis
”), a major shareholder of the Company holding 94.97% of the Company’s total issued shares. Therefore, this transaction is considered a connected transaction pursuant to the Notification of the Capital
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
and the establishment of the Subsidiary is considered an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 (2008) Re: Rules on Entering into
agreement is from the signing date to 31 March 2019. DID 2’s entering into the Marketing Support Service Agreement with the Developer, which is a connected person of the Company, is considered a connected
is THB 35,000,000. (thirty five million baht). The transaction is considered as the disposal of assets transaction of subsidiary of listed company according to the Notification of the Capital Market
dissolution and liquidation are complete. In this regard, the Entire Business Transfer Transaction is considered to be an acquisition or acceptance of an entire business transfer, in accordance with Section 107