making this process is reasonable and also will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with

land are purchased for the development of three projects, namely, Lumpini Selected Sutthisan-Saphankhwai, Lumpini Ville Sukhumvit 76-Bearing Station (2) and Lumpini Park Borom ratchachonni-Sirindhorn

three projects, namely, The Selected Kaset- Ngamwongwan by L.P.N., Lumpini Park Phahon 32 and Lumpini Place Rama 3-riverine. The ownership of three other plots of land is to be transferred, namely

with the Company : For this new project, the selected contractor has none of any relationships with the company, the subsidiary company and the connected persons. Therefore, this is not considered as a

project. Relationships with the Company : For this new project, the selected contractor has none of any relationships with the company, the subsidiary company and the connected persons. Therefore, this is

million THB. Plots of land were purchased in 2017 in order to develop five projects, namely, The Selected Kaset-Ngamwongwan by L.P.N., Lumpini Park Phahon 32, Lumpini Place Rama 3-Riverine, Lumpini Place

will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the

tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the Audit Committee and/or directors of the company which are different from those

consideration, whichever is higher between market price of listed securities and NTA, will be selected for transaction’s size calculation. Total value of consideration = Value of transaction gained or paid x 100

2018 stood at THB 56,866mn, growing by THB 16,814mn or +42.0% YoY, mostly from the consolidation of the acquired hotel business, the EBT of UE and the capital increase via issuance of preferred shares