Raimon Land Public Company Limited at its Annual General Meeting of Shareholders held on July 29, 2020, approved the non-appropriation of legal reserve as the separate financial statements of the Company sustained a net loss in the fiscal year ended December 31, 2019 in the amount of THB 219,407,507 and approved not to pay dividend as the Company would have to reserve cash flow for its operation, investment and various situations that may arise from the novel coronavirus (COVID-19) outbreak.