SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of

Securities Company Granted an Exemption from Application for Approval of Person to be Major Shareholder

condition which drove higher competition in the market, resulting in cancelation of our cement powder transportation as it is evaluated to be non-profitable. The company adjusts its strategy and shareholder

to use the consideration receiving from the sale of such investment property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all

("Mr. Sorapoj") is a director, management and major shareholder of the Company holding 38.90% of total shares of the Company, which is considered as connected persons of the Company. In this regard, Mr

property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all shareholders as per attached information memorandum regarding the connected

retirement benefit according to the Labor Protection Law to 400 days and the company has more employees that have than 20 year-old services life. 3. Shareholder equity as of December 31, 2018 with amount of

: 10,000 ordinary shares Share Value: 100 THB per share Shareholding Structure: No. Shareholder No. of Share Proportion (%) 1 L.P.N. Development Public Company Limited 4,999 49 2 Nye Estate Co., Ltd. 4,999

increase 13.00%, because there are expenses related to the extraordinary general shareholder meeting and cost of capital increase. 5. Management benefit expenses For six months ended June 30, 2018 the

related to the extraordinary general shareholder meeting and cost of capital increase and consulting fee due to the company accelerated its revenue expansion and improved its production efficiency. 5. Loss