Microsoft Word - GLOCON.012-2020 Clarification on the Company acquiring shares of Glocon ... GLOCON.012/2020 March 19th, 2020 Subject: Clarification on the Company acquiring shares of Glocon

shares at a ratio of 100:1, (ii) a minor capital increase through a private placement, for the purpose of facilitating the reverse stock split via a rounding of fractional shares and (iii) a capital

preferred shares shall be 10 shares per 1 vote where any fraction of shares shall be discarded. (3) In case of any change in par value from a share split or a reverse share split, the preferred shares’ rights

Issued Preferred Shares to Specific Investors To: The President Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Asset Acquisition and Connected Transactions of U City Public Company

  (with more than  50% control) Controlling structure in reverse takeovers 4 Merged firm  Combined value $12.6 mn (63 mn  shares x $0.2  Private firm  value $ 10 mn  (50 mn shares  x $0.2)  Public firm

Water Company Limited (WW), a 100% shareholding subsidiary to purchase ordinary shares of WOG ITR Water Solution Company Limited (“WOG ITR”) of 48,571 shares with a par value of Baht 100 per share

category of derivatives broker; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total

business in the category of derivatives broker; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten

Shareholders’ Meeting approves capital restructuring.The Extraordinary Shareholders’ Meeting (EGM) approves a series of transactions, namely (i) a reverse stock split of ordinary and preferred shares at a ratio

fifty percent of the sold shares of the securities clearing house; (2) a juristic person holding more than fifty percent of the sold shares of the juristic person under (1). Clause 2 The rules in detail