enormous potential to grow the Company’s scale of business operations from fundamental perspective. Such a transaction is not considered a connected transaction as defined by the Notifications of the Capital
responsible for proceeding according to such procedures in each situation. Clause 7 The notifications of the SEC Office, orders and circulars that are issued or set out guidelines pursuant to the Notifications
and suitability of ICO portal supervision.The SEC will draft amendments regarding the above matters to gather feedback from stakeholders before issuing notifications of the amendments for enforcement in
majority expressing agreement with the principles and the proposed amendments. The SEC has therefore issued notifications concerning the amendments to the regulatory framework for ready-to-use utility tokens
and taking into consideration the comments and recommendations of business operators and the general public, the SEC is now seeking public comments on two notifications concerning the proposed
asset management companies. Both notifications are to be published in the Royal Gazette.“Asset management companies wishing to establish these SSFs can submit draft applications to SEC consideration in
securities and derivatives business operators. The revisions will provide a compilation of rules presently specified in a number of notifications for more clarity and appropriateness. According to the proposed
Concerning the Acquisition and Disposition of Assets B.E. 2547 (2004) dated October 29, 2004 (as amended) (the “Notifications on Acquisition or Disposal of Assets”). Upon calculation of the transaction size
qualifications and does not have prohibited characteristics pursuant to the law governing derivatives and notifications issued by virtue of the said law. The letter of certification shall be signed by the person