debt securities in any level if such transfer is inconsistent with the transfer restriction as indicated and registered with the SEC Office; (3) complying with the rules prescribed in Clause 33 or Clause
and underlying shares to specific investors, provided that it has registered with the Office the transfer restriction of warrants to be offered, bearing a statement that the company shall not accept any
sale each time that the issuer shall not accept transfer registration of bonds in any level if such transfer is inconsistent with the transfer restriction as indicated and registered with the SEC Office
depository or the Bank of Thailand to make securities deposit, withdrawal or book-entry transfer for the purpose of making or taking delivery in the traded securities, as the case may be; “Office” means the
deposit, withdrawal or book- entry transfer for the purpose of making or taking delivery in the traded securities, as the case may be; “Office” means the Office of the Securities and Exchange Commission
securities depository or the Bank of Thailand to make securities deposit, withdrawal or book- entry transfer for the purpose of making or taking delivery in the traded securities, as the case may be; “Office
restriction of rights and liberties of persons which Section 29 in conjunction with Section 33, Section 34, Section 41, Section 43, Section 44 and Section 64 of the Constitution of the Kingdom of Thailand so
project. After that, SCT has informed the company that SCT would like to purchase the said land plot. (There is no restriction on the change of land purchaser indicated in the land purchase and sale
project. After that, SCT has informed the company that SCT would like to purchase the said land plot. (There is no restriction on the change of land purchaser indicated in the land purchase and sale
Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be