. and 4) Undertaking any acts necessary and relevant to complete the allocation of the newly issued ordinary shares. 2. Objectives of the capital increase and plans for utilizing proceeds received from
important driving force in the company’s long-term growth. Mixed-Use Project Development CPN recognizes the potential to develop mixed-use projects in the shopping mall area by utilizing the existing vacant
to the successful launch of new products by utilizing our strong brand of Carabao especially the RTD Coffee which received the positive response from target consumers, and (ii) revenue from 3rd party
utilizing the existing vacant plots of land adjacent to the shopping malls, thus enhancing the value of investments in the form of residential development, office buildings and hotels, to name a few
that the Company is able to further continuously operate the business. 8. Plans for utilizing the proceeds from the asset disposal Proceeds received from the disposal of the investments of NINE would be
operate the business. 8. Plans for utilizing the proceeds from the asset disposal Proceeds received from the disposal of the investments of NINE would be used as the working capital to increase the
develop mixed-use projects in the shopping mall area by utilizing the existing vacant plots of land adjacent to the shopping malls, thus enhancing the value of investments in the form of residential
utilizing the proceeds from the asset disposal Proceeds received from the disposal of the investments in NML would be used to reduce the debt burden of the Company, as the Company currently has the debt with
2017 until currently, together with the downturn of such printing industry which will result in operation at loss in the future. 8 Plans for utilizing the proceeds from the asset disposal Proceeds