Regulations relating to Conflict of Interest with Real Estate Investment Trust

Rules in Detail on the Protection and Management of Conflicts of Interest

Offering for Sale of Certificates Representing Interest from Underlying Securities by the Subsidiary of the Stock Exchange of Thailand

responsibilities and, often, by the level of interest from clients or others to whom they are accountable. When there is engagement, the technique used will also be influenced by the urgency of the situation and by

principles for governments to follow in developing their regulatory frameworks, recognising the importance of supervisory, regulatory and enforcement authorities in ensuring effective implementation. Broad

consisting of Interest expense from bank creditors amount of 23.42 million baht, interest on short-term loans amount of 1.63 million baht, interest of debentures amount of 21.74 million baht, delayed interest

(including principal and interest) Interest Rate Market interest rate on the transaction date Tenor of the B/E Within 6 months Interest payment date One time pay back at the maturity date Early Redemption None

Beneficiary Value of the Transaction 90 million Thai Baht (including principal and interest) Interest Rate 3.20% p.a. Tenor of the B/E 91 days Effective from 18 August 2017 to 17 November 2017 Interest payment

GSC had applied the proceeds from the offer of sale of ordinary shares to the public (IPO) and its revolving capital in a loan to  ACAP, its major shareholder (64%) for a short term at the interest

for the principal repayment period no longer than six months at the interest rate of 12.5 percent per year. The GJS Board of Directors approved the loan proposal on 16 March 2017. The GJS Board