2. 老挝万象泄洪区地块Memorandum of Understanding LAO-2016-001 -v1.2 R.docxVIP

CG-BD-LAO-MOU-2016-001 PAGE 2 NO.: CG-BD-LAO-MOU-2016-001 MEMORANDUM OF UNDERSTANDING BETWEEN COUNTRY GARDEN GROUP AND SIMUONG GROUP JULY 18, 2016  THIS MEMORANDUM OF UNDERSTANDING IS EXECUTED ON THIS DAY OF JULY 2016, (hereinafter referred to as “MOU”) BETWEEN COUNTRY GARDEN GROUP, a Company incorporated under the appropriate laws of People’s Republic of China, and having its office at No.1 Country Garden Ave., Shun de District, Foshan, Guangdong, People’s Republic of China. (hereinafter referred to as Party A or “CGG”); AND SIMUONG GROUP, a company registered under the laws of