housing units were booked during end of the third quarter and these units can be transferred and realized as revenue in the next quarter. - Revenue from rent and service was THB 50.38 million comparing to

these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of

a prompt and efficient manner. In the case of Stark, the SEC has continued its law enforcement according to its authority. In addition, the SEC cooperated and followed up with DSI and other relevant

the accurate preparation of financial statements.  This will facilitate the executives of listed companies in applying financial information for business decision-making in a prompt and accurate

gather related documents and information. If any directors or executives of IFEC, past and present, are found to have been involved in any wrongdoings, the SEC will take prompt and swift legal actions

select appropriate products for an investor and to monitor and rebalance the portfolio on a constant basis. The rules having been issued are to facilitate the prompt provision of the wealth advice

-Translation- 1 -Translation- Ref. NCH 024/2020 May 11, 2020 Subject : Management’s Discussion and Analysis 1Q/2020 Attention : Director and Manager The Stock Exchange of Thailand N.C. Housing Plc

housing for sale and for both https://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201804/18033701.pdf 18002674.pdf vertical real estate developments which are industrial and commercial real

and commercial real estate for sale and for both short-term and long-term rental. It also includes industrial estate and housing for sale and for both https://market.sec.or.th/public/idisc/Download

year was 31.01%. Revenue generated from single family housing projects and low-rise condominium units were THB 2,853.81 million, higher than last year which was THB 2,653.52 million. The Company had a