Earlier, the SEC Board passed a resolution approving the proposed amendments to the regulatory framework for utility tokens that are ready to use, ensuring that the regulations align with the

Bangkok, 22 November 2023 – As per the Cabinet’s resolution at its meeting convened on 21 November 2023, approving tax measures to promote sustainable investment in Thailand, as proposed by the

amendments have been proposed in parallel, such as pushing forward the civil sanctions for the consideration of National Legislative Assembly of Thailand. The proposed amendment of the Securities and Exchange

important role in supporting the Thai economy. The Taskforce reached a consensus and proposed the “Thai Capital Market Attractiveness Initiatives,” highlighting four main measures along with key urgent action

necessary to suspend subscriptions or redemptions of investment units.In addition, the SEC has reviewed and proposed principles to improve the criteria governing disclosure requirements for SRI Funds to

securities and derivatives business operators, while coordinating closely with the Anti-Money Laundering Office (AMLO) to ensure alignment in regulatory direction. The key elements of the proposed measures are

the first issue to be used as working capital for the company. 8 Board’s Opinion The Board of Directors considered the proposed connected transactions to be appropriate, due to provide VIBHA sufficient

financial statements as of June 30th, 2019. Criteria to determine value of transaction : Comparing with the market rate proposed by Lumpini Property Management Co., Ltd. Type and Scope of Interest of

the market rate proposed by Lumpini Property Management Co.,Ltd. Type and Scope of Interest of Connected Person Relationship between Tang Mong Seng Holding Company Limited (“MH”) and Pacific Pipe Public

conditions stated therein. The proposed sell-down of the Units is strictly a f inancing exercise to fund, amongst other things, working capital needs and to pay the Company’s indebtedness and liabilit ies