buyback of shares shall in no way give rise to any financial difficulty to the Company. In this regard, the buyback of shares by the Company shall be subject to prior approval from the shareholders meeting

financial institution; (b) being in a precarious financial position or in a financial difficulty as demonstrated by other circumstances. 1 Added by the Notification of the Capital Market Supervisory Board Tor

targeting Australia as well as continuous increasing number of villas in Elite Haven’s existing markets. Education business  Overall, educational business structure has changed significantly due to the

though, the business was not able to operate as normal due to the announcement to temporary close educational institutions from the Ministry of Education from COVID-19 pandemic causing the closure of

mutual funds under management and the net asset value of the mutual fund; (b) The names of the investment committee; (c) The mutual fund manager’s name, educational background and work experience related

Manager, including information on the names of directors and executives, educational qualifications, experiences related to investment or management of real estate, scope of power and duties of each board 9

are mostly family businesses that have difficulty adapting to business disruption, both in terms of product and business models. Technological changes have affected the behavior of consumers as they are

demonstrating that the REIT is no longer retaining accumulated profit earnings; (c) the REIT has raised the capital to acquire additional real estate but a difficulty occurs later which causes the inability to

restructuring of Thailand’s manufacturing sector remains underway, thus hindering employment of well-educated workers. Second, the Thai educational system cannot accommodate demand in the labor market, as

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...