the existing shareholder must sell and transfer at least one share to the Potential New Shareholder to enable it to subscribe to the newly issued shares of the Company; and
2. all other shareholders of the Company must decline to subscribe to the newly issued shares and allow the Potential New Shareholder to subscribe.
In addition, as the Company has been approved by the resolution of the Thai Cabinet, it is possible that any change to the structure of the Company requires the approval of the Thai Cabinet.