prevent holding company from having characteristics similar to investment company, the SEC specifies that the size of core business and other businesses that holding company holds shares, when compared with

SEC is holding a public hearing on the proposed amendments to the regulations governing REIT indirect investment. According to the current regulations relating to issuance and offer for sale

without a veto exercised by shareholders holding more than 10 percent of voting rights calculable from all shareholders who attend the meeting.

Chetchotisak and a company related to him. Consequently, RS will hold 49.99 percent of GIFT shares and will offer newly issued shares to pay for the acquisition. This will result in Surachai holding more RS

. Additionally, RS will purchase existing GIFT shares from a major shareholder by the name Mr. Surachai Chetchotisak and a company related to him, which will result in RS holding 49.99 percent of GIFT shares.The

Offeror : OSK Investment Bank Berhad | Date of submission of the Statement of Intention : 02/08/2011

Offeror : OSK Investment Bank Berhad | Date of submission of the Statement of Intention : 23/08/2011

Offeror : RHB INVESTMENT BANK BERHAD | Date of submission of the Statement of Intention : 19/07/2013

Offeror : RHB INVESTMENT BANK BERHAD | Date of submission of the Statement of Intention : 15/08/2013

Offeror : RHB INVESTMENT BANK BERHAD | Date of submission of the Statement of Intention : 28/08/2013