trading at the intermediary’s place of business for a period of not less than five years from the date of investment in a manner that supports an inspection by the SEC Office without delay. Chapter 2

restated its financial statements for the same period of the previous year after the fair value measurement of the identifiable assets acquired and the liabilities assumed at the acquisition date, and the

3344 Fax. 66 2 654 3323 No. PACE IR2019/007 Date: 15 August 2019 Subject: Explanation of the Operating Results for the three-month period ended 30 June 2019 changing over 20% To: The President The Stock

formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks, obligations, and rights attached to the hotel were transferred to the purchaser, while the

Limited (EBT of UE)  EBITDA was THB (19)mn, an improvement by THB 403mn from (422)mn in the same period of the previous year, largely as a result of the aforementioned reasons above and lower loss on

different products and services and are managed separately because they require different business operation and marketing strategies. The new segments are comprised of 3 segments as the following; 1

property development services with the focus on the quality of life of the residents managed with “Vibrant Community” concept and develop a home for lower-middle to upper-middle income earners at the

December 2018 stood at 0.55x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date and period stood at 2.67x, a considerable improvement from 1.69x, both mainly as a result of the

- 189.8 - 191.6 0.9% Selling expenses - 5.3 - 4.7 -12.8% Administrative expenses - 15.0 - 10.1 -49.2% Finance costs - 4.0 - 2.8 -41.1% Profit for the period 10.2 12.7 -20.1% Net Profit 4.5% 5.7% % EBITDA

3344 Fax. 66 2 654 3323 No. PACE IR2019/010 Date: 14 November 2019 Subject: Explanation of the Operating Results for the three-month period ended 30 September 2019 changing over 20% To: The President The