more clearer in order to propose for further approval by the Extraordinary General Meeting of Shareholders No. 1/2018. Details of which are as shown in the Information Memorandum on the Asset Disposal
to the conditions of the SPA, the company must fulfill two Conditions Precedents (CP) as followed: (a) The company is granted approval by the company’s shareholders to enter into the shares purchase
institutions. According to the new law, the Bank of Thailand (upon approval of the Minister of Finance) shall be authorized to determine additional criteria that specialized financial institutions must comply
. - Reduce supporting documents for outward remittance in certain objectives and allow submission of supporting document in electronic form. - Individuals are allowed to domestically enter into a forward
foreign currency banknotes with, commercial banks or other authorized money changers in Thailand, or banks or foreign exchange operators offshore. Relevant documents must be presented as evidence, such as a
conditions, and take any necessary and proper actions for the benefits of the Company including, but not limited to, signing of agreement, memorandum, or other documents, and to contact with relevant
lenders to conduct information-based lending wherein other reliable factors can be used for loan consideration and approval. Revise requirements for establishing credit limit of personal loan under
identity verification documents to service providers.) The new law provides them more options in conducting proof of identity and identity verification via digital system based on established guidelines. A
Bank of Thailand on an annual basis. Prior approval is not to be sought from the Bank of Thailand before the significant adoption or change in technology. 3. Commercial banks must undertake third party