SAWASDEE AG

Acquisition, sale, management, administration and exploitation of real estate. Acquisition, rental and operation of hotels and restaurants and related activities. Carrying out of goods and passenger transport of all kinds on a communal, national and international level and acquisition of the necessary means of transport, vehicles, concessions and permits. May acquire, encumber, hold, manage and sell real estate, properties or property shares. May acquire and exploit rights, licenses and patents. May establish branches and subsidiaries and participate in or merge with companies with the same or similar purpose.