. Conditions Precedent The Seller has fulfilled all the conditions precedent for the acquisition of Nam San 3A. The material condition precedent includes: (1) The Bank of Lao PDR has approved the payment of
prescribed by the Office of the Securities and Exchange Commission and the SET. (2) All conditions precedent as to be imposed in the SPA must be fulfilled or waived by relevant parties. 7. Application of the
of the period or when the financial advisor has fulfilled the conditions set out under the second paragraph, if the financial advisor re-submits the application, the SEC Office shall not use the
and purchase agreement and a share subscription agreement are fulfilled or waived by the relevant parties. In this regard, the Company expects the Transaction to take place within August 14, 2018. 2
meeting of the shareholders and upon certain conditions precedent under the share purchase agreement have been fulfilled. Currently, the status of the project is pending for the construction license
the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to 32.5 percent of
Channel Agency Co., Ltd. The Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon
into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of
the share purchase agreement have been fulfilled. Currently, the status of the project is pending for the construction license approval process of the project, which delays due to change in policy on