Nusasiri : Report the progress on the action of the removal of the conflict of Interest in the Nusasiri Group

NUSA 045/2022

15 August 2022

Subject:

Report the progress on the action of the removal of the conflict of Interest in the Nusasiri Group

Attention: Managing Director

The Stock Exchange of Thailand

According to filing for revocation of pledge of securities of from the Stock Exchange of Thailand ("SET"), NUSASIRI Public Company Limited has already received its approval and the SET permitted to trade the said securities in Real Estate Industry and Construction Industry in the Property Development Sector on SET since September 9, 2011. Moreover, the Company has proceeded to disclose the progress of removal of conflict of interest to the SET when there is any significant progress on the quarterly basis.

The Company, therefore, would like to report the progress on the action of the removal of the conflict of Interest to the SET as of June 30, 2022 in the quarter 2/2022 that there is any change.(the details shown in the appendix)

Thus, if there is any significant progress, the company will inform to the SET furthermore.

Please be informed accordingly

Yours sincerely,

(Mr. Sompijit Chaichanajarak)

Director/ Company Secretary

Company Secretary Office

Tel. [phone] Ext 114

Information June 30, 2022

Attachment

Total of

Current

Right Owners of the Assets

Project / Type of Assets

Status of

Remark

unit

Unit

1.The Asset Group Waiting to be Finalized the Action by Court

Mr. Visanu Thepcharoen

Bang Po Project,

2

2

It is the road in the project ,

KN Realestate Co., Ltd.

waiting for transferring ownership

to the Incorporation

KN Realestate Co., Ltd.

Bang Po Project,

25

5

- Transferred ownership in 2012 of

KN Realestate Co., Ltd.

20 plots.

KMP Property Co., Ltd.

A land at Pangnga

1

0

Transfer repayment to Thana chart

province

Bank, on September, 2015 of 1

plot.

Nusapraya Hotel and Spa

Jangwattan Donmuang

10

2

- Sold of 3 plots in 2012.

Co., Ltd.

Project

- Transferred ownership of 3 plots

on March 22, 2013.

- Transferred ownership to the

third party of 3 plot, title deed no.

11617, 11613 and 2468 on March

27, 2013 as priority.

- Transferred ownership to the

third Party of 1 plot, , title deed

no. 11601 on April 27, 2016

- Transferred ownership to the

third Party of 1 plot, , title deed

no. 11582

2.The Asset Group of Public Utilities in the Projects and public service

KMP Property Co., Ltd.

Krisana Rama 5 Project

5

5

Waiting for transferring

ownership

to the Incorporation

VS Property Co., Ltd.

Nusasiri Sathorn-Ring

5

5

Waiting for transferring

ownership

(Presently VS Best Cars Co.,

Road Project

to the Incorporation

Ltd.)

Nusasiri Co., Ltd. (Presently

Nusasiri Sathorn-Pinklao

5

5

Waiting for transferring

ownership

The Success Herritage

Project

to the Incorporation

Management Co., Ltd.)

Mrs.Siriya Thepjarearn

Pavillion Project in

1

1

-

Phuket

3. The Asset Group Committed to be Transferred to the Third Party is in Current Status as follows :

1) The residential condominiums which are already engaged with the Sales and Purchase Agreement but they are pledged at Bank as the Company's collaterals

Total of

Current

Right Owners of the Assets

Project / Type of Assets

Status of

Remark

unit

Unit

Nusasiri Grand Public

Nusasiri Grand Condo

6

2

- Transferred ownership in 2011of

Company Limited

Project

1 unit.

- Transferred ownership to the

third Party of 1 plot, title deed No.

2/352, on November 4, 2014.

- Transferred ownership to the

third Party of 1 plot, title deed No.

23732, on December 24, 2019.

- Transferred ownership to the

third Party of 1 plot, title deed No.

2/332, on December 29, 2020.

2) The assets used for setting off debts with creditors, such as, contractors and material suppliers

KMP Property Co., Ltd.

Krisana Rama 5 Project

7

0

- In 2011, transferred ownership of

2 plots.

- In 2012, transferred ownership of

2 plots.

- Transferred ownership to the

third Party of 2 plots, title deed

No. 2 0 4 4 6

and title deed No.

20522, on August 20, 2014.

- Transferred ownership to the

third Party of 1 plot, title deed no.

20388

4. The Assets Waiting for Sale or Without Competitive Competency

1) The condominium units in Plaza area

Nusasiri Grand Public

BMC, Nusasiri Grand

4

0

- Transferred

ownership to the

Company limited

Condo Project

third

Party of all units in 2011 and 2012.

2) The condominium units

located on the different area from the company's units

which is in plaza area

Nusasiri Grand Public

Nusasiri Grand Condo

2

2

-

Company limited

Project

3) A house at bad location (3 ways intersection)

KMP Property Co., Ltd.

Krisana Rama 5 Project

1

0

Transferred ownership to the third

Party of 1 plot, title deed

no.20478

Total of

Current

Right Owners of the Assets

Project / Type of Assets

Status of

Remark

unit

Unit

5. The Assets for operating other unrelated business

1) V Speed Auto Import

Land

2

2

-

Co., Ltd.

2) Thepcharoen Property

Commercial building

3

0

- In 2012, transferred ownership to

Co., Ltd

the third party of 1 plot and 2

plots in 2013.

6. The assets which are land but has no potential

V Speed Auto Import Co., Ltd.

Land and entrance - exit

8

8

-

road