shall be offered to existing shareholders proportionate to their shareholding (Right Offering) at an offering ratio of 2.5 existing shares to 1 new ordinary share (a fraction of share shall be disregarded

new ordinary shares shall be offered to existing shareholders proportionate to their shareholding (Right Offering) at an offering ratio of 2.5 existing shares to 1 new ordinary share (a fraction of

the previous year, mainly due to a decrease in premises and equipment expenses, traveling expenses and office supplies. Please be informed accordingly. Yours Sincerely, (Mr. Chih-Hung Lin) Chief

for the 3rd quarter of Year 2018 and 2019 were 19.9% and 15.5%, respectively. This assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and

assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and infrastructure expenses. Financing Costs The financing costs of financial institutions

Tender Offer for all Securities in Thai British Security Printing Public Company Limited, Increase of the Registered Capital, Allocation of the Newly Issued Ordinary Shares to the Company’s Existing

the Company’s Existing Shareholders in Proportion to their Respective Shareholdings and Convening of the Extraordinary General Meeting of Shareholders No. 1/2018 (First Amendment) To: President The

the allocation as follows: (1) to allocate 100,000,000 newly issued shares with a par value of THB 1 per share to the existing shareholders of the Company in proportion to their shareholdings (Right

: 392,000,000 Baht Paid-up Capital : 392,000,000 Baht Transaction Summary : The Company will acquire Phoenix’s existing ordinary shares of 134.60 million shares from Nithipatratrat family, the existing

and existing completed projects. - Revenues from hotel operations in Q1/2018 amounted 78.97 million baht slightly increased by 5.82 million Baht or 7.96% from 73.15 million baht in Q1/2017. - Others