three (3) years, provided that such renewed agreements must be subject to the terms and conditions equivalent to the existing agreements, particularly the rent. - The Seller shall have signed and had the

2018, the Company had total assets of Baht 6,774.63 million, increased by Baht 545.54 million or 8.75% from 31 December 2017 due to; 1. A decrease in cash and cash equivalent at amount of Baht 13.90

reasons: • Cash and cash equivalent decreased Baht (29.36) million. • Trade and other receivables decreased by Baht (83.81) million, primarily due to allowance for doubtful account from the delayed project

. The main assets consisted of: cash and cash equivalent of 1,206 million Baht, real estate development for sales of 9,133 million Baht, account receivable of 1,471 million Baht, building improvement

Baht and other intangible asset which decreased by 152 million Baht. The main assets comprised of cash and cash equivalent of 320 million Baht, real estate projects for sales under development of 8,720

. Decrease in cash, cash equivalent and short-term investments of THB 1,050.7 mm, which was mainly from higher capital expenditure, align with the Company expansion. 5. Decrease in cost of real estate

and cash equivalent increased by 12.48 million baht or 18.43% from December 31, 2019. The Company and its subsidiary had cash from operating activities amounting to 31.91 million baht and cash used in

transaction found that size of transaction according to Net Tangible Assets Basis is highest equivalent to 83.5%, which the scope of transaction type 1. The company is not obliged to provide a report and

cash and cash equivalent as well as current investments in an amount of Baht 257.40 million. After payment of the purchase price, the Company will have sufficient funds for the Company’s business

finance this Transaction with the capital received from the capital increase of the Company of Baht 9.90 million. As of 31 December 2019, the Company has cash and cash equivalent as well as current