feasible 9) Conditions for transaction None 10) The Board of Directors’ opinion After BBW was no longer being a subsidiary company, the company still holds 5% of BBW, and participates in management, due to

passed its application for rehabilitation process (2) being a company that the Thai court or the Foreign court has approved a rehabilitation (3) being a company that has complied with the plan to resolve

. 0107536001133 6) Expected Benefits of the Transaction The Company is in need of working capital for its business operation and liquidity supplement, including to resolve the debt problem of the Company. The

. The selling of these land titles is a part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition

management strategies and resolve the situation. Please be inform accordingly, Yours sincerely, (Mr. Kitti Phuathavornskul , Ms.Netirad Sang- ngam)

company closely monitors the situation in order to adjust strategy, management, and resolve any situation in a timely manner. For the collective financial statement, the Company Group earns from

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

://www.set.or.th/en/regulations/rules/disclosure_files/BorJorPor2201_2_EN.pdf (Translation) In this regard, the resolve of the rental fee is a part of the terms of the agreement between the Company and KPM

of the assets underlying a structured finance product change materially. Where feasible and appropriate for the size and scope of its credit rating business, this function should be independent of the

in the MahaNakhon Cube Building to KPM. (Translation) In this regard, the resolve of the rental fee is a part of the terms of the agreement between the Company and KPM. Therefore, the loan to the