discount will be used as a minimum price setforth for consideration by the Company’s shareholders but it does not prohibit the opportunity of the Company to fix the actual sale price of assets at a higher

issued ordinary shares to Silom Road Limited, Mr. Viroj Tangjettanaporn and Mrs. Tuenjai Purintaraphiban, the Company shall prohibit Silom Road Limited, Mr. Viroj Tangjettanaporn and Mrs. Tuenjai

and Mrs. Tuenjai Purintaraphiban, the Company shall prohibit Silom Road Limited, Mr. Viroj Tangjettanaporn and Mrs. Tuenjai Purintaraphiban from selling any of their shares derived from the offering

enhance rules that prohibit board members, key execu- tives, controlling shareholders and other insiders from taking business opportunities that might otherwise be available to the company. At a minimum

the case that the offering price of the Company’s newly issued ordinary shares is lower than 90 percent of the market price, the Company shall prohibit SUTGH and the SUTGH’s shareholders who shall

obtained all relevant licenses for the operation of its business except for EIA and Construction licenses. 4. No proceeding by law, court order or administrative order prohibit the parties to enter into

licenses. 4. No proceeding by law, court order or administrative order prohibit the parties to enter into Joint Venture Agreement. 5. No material adverse effect in JV Company. Closing Date After the

following conditions: (a) being imposed a civil penalty by Civil Penalty Committee or being ordered or judged a civil penalty by court to prohibit the persons from being directors or executives in securities

of the offering of the newly-issued shares to Mr. Nop Narongdej, Golden Tiger Associates Ltd., Mr. Nuttawut Phowborom and Mrs. Sangduan Ewbamrung as abovementioned, the Company will prohibit Mr. Nop

Phowborom and Mrs. Sangduan Ewbamrung as abovementioned, the Company will prohibit Mr. Nop Narongdej, Golden Tiger Associates Ltd., Mr. Nuttawut Phowborom and Mrs. Sangduan Ewbamrung from selling all shares