. However, the business recovery plan is still lack of feasibility and details. Therefore, the Company has seen the problems and then used a mean as the shareholder and directors representing the Company in
approve such transaction with the vote of not less than ¾ of the total vote of shareholder who join the meeting and not counting the vote of shareholders who have conflict of interest (if any) Enclosure 3
, Inc. (DTPI), an indirect subsidiary of the Company in the Philippines, to proceed the selling of Dusit Hospitality Education Philippines (DHMC) shares to a major shareholder of DHMC. DHMC operates Dusit
director in order that any shareholder being unable to attend the meeting and exercise his voting rights by himself would be able to give a proxy to exercise the votes on behalf of him. In case the
the group of companies is part of a conglomerate or a business group of a major shareholder, and by nature of the core business, the Company may need to form a relationship, reliance6 or competition
shareholders’ business5 In the case where the Company or the group of companies is part of a conglomerate or a business group of a major shareholder, and by nature of the core business, the Company may need to
(“Cherdchaiwon”) as the constructor of a hydraulic elevator platform along with a structural foundation and a lifting for use in Carnival Magic Project. However, the authorized director and major shareholder of
capital market products which are shares or share warrants of a company wherein the client is an existing shareholder as of the investment date or the date of obtaining the shareholders’ rights; (4) a
invest in capital market products which are shares or share warrants of a company wherein the client is an existing shareholder as of the investment date or the date of obtaining the shareholders’ rights