Ann: Board and CEO Appointments, page-6

ASM and Chanin Donavanik wanted this to happen since last year.

The plan was to force out previous management, do a deal with Somboon. Then exit Donaco at double the 23 cents they paid for the DNA shares.

Sh*t happen, Covid happen.. before everything could be finalisee. But the plan is now near complete.

JG is correct, the new CEO is Somboon son and the new Chairman is Somboon’s right hand man Paul Porntat. These people was pulling in $60mn a year profit for Star Vegas, before Joey Lim got too greedy and wanted to take over.

Now, they’re back running Star Vegas...The good times will be back, when border open again.

Regarding Galaxy, this is a joint venture between Somboon and another Thai and un-name high ranking Cambodian politician. Somboon don’t own all
100% of Galaxy, so no worry about him favouring Galaxy over Star Vegas.

Andrew Phillips and Issaraya Intrapaiboon are appointed just to make up the Australian residency quota.

If you didn’t notice, the new CEO remuneration is fixed at $300,000 per annum and not $1 million like what Joey pay to himself.

Even Paul Arbuckle, previous CEO remuneration was $400,000 per annum plus another $400,000 short and long incentive.

Wait for the AGM, then you can question the CEO and chairman on their strategies to bring the company forward.

Now all we need is for the blardy border to open again.