increase new target group of customers, higher personal expense for support sales growth as well as oversea business expansion. - Bad debt and Doubtful accounts The consolidated bad debts and doubtful

from single house projects. The sales volume target is 13,000 million THB i.e. 8,700 million THB from residential condominium projects and 4,300 million THB from single house projects. - Translation

E-commerce. Total revenue in 1H19 was Baht 511.27 million, decreased by 2.52% YOY because sales target was not achieved in 1Q19. The Company arranged marketing activities to draw customers and to

. Since 2017, the property projects i.e. residential condominium and single home have been developed to serve the needs of all target groups. The Company started developing residential condominiums in the

, increased from 0.67 times as of 31 December 2017. Regarding to the Company’s target revenue from residential real estate projects of THB 10-12mn per year within 5 years, the Company expect this ratio will

investing in product development to serve needs of target customers and change in product mix strategy to get high quality product which is value for money to serve customer. The company focused on marketing

expanded, the price of agricultural products remained low, and the level of household debt remains high. Thus, sales in the third quarter did not meet the target. However, the Company continued to undertake

target groups of customer. In 2017, the Company started developing premium single house projects. The residential property price in the market at the time had a tendency to rise, especially those located

Tel. 0 2204 2601 Fax. 0 2204 2616 Basis Method Transaction Size 1. Net Tangible Assets: NTA = % of shares acquired x NTA of target company x 100 NTA of the Company *Not applicable since the NTA of NEXT

, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 Basis Method Transaction Size 1. Net Tangible Assets: NTA = % of shares acquired x NTA of target company x 100 NTA of the Company *Not