The Chairman informed the meeting that as part of corporate restructuring in relation to the Joint Venture Agreement between the Company and TVC, the Company wishes to transfer part of its common shares in Tong Nan Holdings Company Limited in the total of 59,670 common shares numbered 240324 to 299993 to I.H.S International Hotel Services Limited (“IHS IHS”) at market value of Baht 22 per each share. Payment for share transfer shall be made by way of set-off with part of the loan the Company owes to IHS IHS totaling Baht 1,312,740.