granted the concession for the MRT Blue Line Project by the Mass Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the
Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the duties to design, supply, install, test the M&E Equipment, and
has the exclusive rights to install and manage 188 advertising panels under 23 BTS stations from Bangkok Mass Transit System Public Company Limited and (2) advertising under flyovers in which the
with an Inquiry Official Dated 28/02/2019 debtors as GL’s income on those financial statements and financial reports but the fact that the transactions are an execution of asset misappropriation by GL’S
shareholder) Condition precedent A. Execution of shareholder’s agreement of PBSB Other important conditions A. PBSB shall sell partials of its businesses to RBSB, which consists of the shares held by PBSB in
debtors as GL’s income on those financial statements and financial reports but the fact that the transactions are an execution of asset misappropriation by GL’S former Chief Executive Officer. Therefore
relating to the joint venture project and/or proceed with any necessary arrangements relating to the joint venture project, commencing from execution of contract, memorandum of agreement, and various
misconduct above is deemed an execution of concealed transactions, asset misappropriation, permission of false accounting transactions and preparation of incorrect accounting records. In addition, he informed
issues with the Department of Business Development, the Ministry of Commerce [thus currently unqualified to work], (3) execution of a contract to buy and sell a land in the Phaholyothin area with a prior