Transaction in such shareholding percentage is considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 The agreed price is based on the appraisal of Bangkok Property Appraisal Company Limited on 27 October 2017 and Chartered

agreed price based on land value of Takuni Land as The Company and Thanasiri Group jointly plan to develop such the land as the housing development project for sales. Total value of the sold share is

Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the financial statements in which the equity method is applied of the Company ended 31

of 22.13% which is the maximum transaction value based on the first calculation basis i.e. Net tangible assets criterion comparing with Net tangible assets of the Company and its affiliates, details as

all Leyland’s shareholders (“Agreement to sell and purchase shares”) within September 15, 2017 2. Parties involved and Relationship with the Company Purchaser : Fancy Asset Company Limited, a subsidiary

formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks, obligations, and rights attached to the hotel were transferred to the purchaser, while the

Public Company Limited (“Thanasiri Group”), which equals to 51% of total registered and paid up ordinary shares of Takuni Land at price of 110 Baht per share, which is the agreed price based on land value

the valuation from the independent financial advisory was based on the assumption that all assets are completed and able to operate as planned. To do so, he Company was required to invest additional

Transaction”). The transaction value is at up to 2.45 percent of total assets of the Company and its subsidiaries. Calculated by applying the Total Value of Consideration Basis based on the three Consolidated