process of consulting with Corporate Secretary Service in Luxembourg to propose and appoint a local director in order to comply with the law 3/ CVHLUX may consider injecting capital in the form of

and Hotel Management Agreements and the investment in the Target Group Hotels and Resorts through the purchase of equity in the Target Company; and Page 4 of 18 (5) to appoint and designate other

Exchange”), appoint its independent financial advisor and convene the Shareholders’ Meeting of the Company for approval of execution of such connected transaction, whereby the resolution of the Shareholders

net tangible assets. Therefore, the Company is required to disclose the information memorandum on execution of the connected transaction to the Stock Exchange of Thailand (the “Stock Exchange”), appoint

opening an account and entering into the agreement which appoint the securities company as the 19As added by the Notification of the Securities and Exchange Commission No. Kor Khor.48/2547 Re: Rules

brokerage. Clause 16.21 22 In considering an application for opening an account and entering into the agreement which appoint the securities company as the 19As added by the Notification of the Securities and

effective operating system to protect such investment or entry into a contract creating conflict of interest to the fund, Except that management company appoint other person to manage an investment

provide an effective operating system to protect such investment or entry into a contract creating conflict of interest to the fund, Except that management company appoint other person to manage an

shall be a statement requiring the securities company be responsible for such assets in full amount. Clause 8 A securities company shall not appoint any person as its agent to undertake custody of clients

the securities company be responsible for such assets in full amount. Clause 8 A securities company shall not appoint any person as its agent to undertake custody of clients’ assets unless such