Page 4 - Kratos Group
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Kratos Group of Companies














                                                     Asset Management Group

                                                       Kratos (Europe) Co. Limited
                                                       Kratos Asset Management Co., Ltd.
                                                       Bangpoo Asset Management Co., Ltd.
                                                       Urban Asset Management Co., Ltd.
                                                       Thailand Industrial Real Estate Development Co., Ltd.
                                                       Thai Realtor Co., Ltd.

                                                     Business Service Group

                                                       Asset Assurance Brokerage Co., Ltd.
                                                       KFS Co., Ltd.
                                                       Kratos Medias Co., Ltd.
                                                       RIW Co., Ltd.
                                                       Air Phetchaburi58 Co., Ltd.
                                                       COD Co., Ltd.



                                                     Manufacturing Group


                                                       Box & Co. Co., Ltd.
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