. Therefore, the Company is required to get the approval from the Board of Directors and has to disclose the information to the Stock Exchange of Thailand. (Translation) 2 / 2 The details of the connected
did not have any acquisition of assets which is required to be calculated in the past 6 months, and this transaction has the highest size of 16.28% according to the Total Value of Consideration
. Therefore, the Company is required to get the approval from the Board of Directors and has to disclose the information to the Stock Exchange of Thailand. Criteria for determining remuneration : The
acquisition or disposal of assets and the transaction is not required to be disclosed the information memorandum in accordance with the Notification of the Board of Governors of the Stock Exchange of Thailand
considered as the short-term rental or lease of immovable property of not exceeding 3 years by which the Company is required to disclose the information. 5. Reasons and Necessities of the Transaction The
5,779,748,000). The transaction exceeds the threshold of Baht 1,000,000 but less than Baht 20,000,000 or exceeds 0.03% but less than 3% of the Net Tangible Asset which is required to disclose details of the
) (collectively the “Notifications on Connected Transactions”). In this connection, the Company is not required to comply with the Notifications on Connected Transactions. Please be informed accordingly. Very truly
group of major shareholders. The details are as follows. Before entering the transaction. - From original The Company is required to acquire 100% of the shares High East Capital Holdings Limited ("HECH
at September 30, 2018 amounted to Baht 578.34 Million), and fall into the category of short-term rent/lease of real property with a period of not exceeding three years which the Company is required to
Baht 1,442.31 million2. Following the Share Purchase, INBV would be required by the regulations of the Securities and Exchange Board of India (“SEBI”) to do the open offer to all of IRSL’s shares held by