1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of

rights, construct, purchase, provide, sell, dispose, rent lease, hire purchase, grant of hire purchase, borrow, lend accept pledge, accept mortgage, exchange, transfer, accept transfer, or take any action

Kumar, and the pledge of shares in SGAH and its subsidiary to the Company. The Company sees good opportunity to gain stronger footprint in the global market by this investment. Also, the Company will have

. Collaterals of both credit lines 1. The pledge of ordinary shares of GJS holding by the Company in amount of 10,000,000,000 shares at THB 0.04 per share which is the closing price on the execution date of the

, turnover doubling in Singapore RTOs and increasing 64% in Thai RTOs 12 months. 20 Empirical methods and results: Market gradually learns about forthcoming MOU and MOU is event date carrying most information

of 3,411.99 Million Baht which increased from pledge bank deposit of 36.71 Million Baht and money invested in affiliated company of 11.11 Million Baht, decline in fixed asset of 260.92 Million Baht and

of Sakthi Automotive Group USA, Inc., Mr. Lalit Kumar, and the pledge of shares in SGAH and its subsidiary to the Company. The Company sees good opportunity to gain stronger footprint in the global

the memorandum (Negative Pledge) that 3 seller has made to the Kasikornbank PCL., on January 27, 2014 related to provide financial support to NBC next vision Co., Ltd. (2) To cancel the memorandum

, Vol. 21 No. 2 Apr 2008 pp 785-818 Bonaparte, Y. and Kumar, A. “Political Activism, Information Costs and Stock Market Participation” Journal of Financial Economics (Forthcoming) Calvet, Laurent

Kasikornbank Public Company Limited concerning (1) the cancellation of Negative Pledge agreement that the Company made with Kasikornbank Public Company Limited dated 27 January 2014 which related to the