TYCOONS

February-The board of directors agreed to reduce the equity of TSI shareholdings to 40%, investment amounts as U.S. $ 7 million.

March-The shareholders meeting agreed to reduce the equity of TSI shareholdings to 40%, investment amounts as U.S. $ 7 million.

June-The board of directors agreed to reduce the equity of TSI shareholdings to 10%, investment amounts as U.S. $ 7 million.

June-90% of TSI shareholdings (6,300,000 shares) were sold to E-United Group. Tycoons (Thailand) held the equity of TSI shares as10%, investment amounts as U.S. $ 7 hundred thousand.

July-Increased 2.3 million dollars investment for registration of TSI capital change, investment amounts as U.S. $ 3 million.

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