Mr. Apiphu Phahromyothi, Chief Executive Officer of Nawarang Asset Co., Ltd., along with Mr. Jeffrey Chiu Sun Tong, Executive Director and Chief Executive Officer of Paramount Corporation Berhad, a renowned real estate development company from Malaysia, recently signed a memorandum of understanding to outline the investment termsheet. This agreement aims to explore the opportunities and feasibility of jointly developing a super luxury condominium on Lang Suan Road, in the heart of Bangkok's business district, in Kuala Lumpur, Malaysia.