Ror. 037/2016 dated December 13, 2016, regarding credit guarantee to Sahapat Real Estate Co., Ltd. on shareholding proportion Dear Sir, Thai Wacoal Public Company Limited wishes to hereby report to the

transfer of real estate which decrease by 1,487.34 million baht or a decrease of 55.48% from the previous year. As a result, the company has not yet completed a new condominium. Resulting in a decrease in

. Income from sales of townhouses amounted to 17.19 million Baht, a decrease of 40.66 million Baht or a decrease of 70.29%. Real Estate Costs In 2018, the Company had cost of property sales of 1,765.11

, the Company had loss from real estate rental and services related of ABC World Project of Baht 79 million, the gross loss for last year were offset against gross profit generated from the disposition of

same period of least year. The revenue from the main businesses of the Company and its subsidiaries as follows: - Sale of real estate business was THB 1,235.80 million or increased by THB 633.80 million

compared with Q1/2018. The cost of good was 71.2 percent for Q1/2019. (2) Real Estate Business Income For Q1/2019, the company had revenue, from real estate business, of 7.2 million baht, decreased 0.5

was 72.5 percent for Q1/2018. (2) Real Estate Business Income For Q1/2018, the company had revenue, from real estate business, of 7.7 million baht, decreased 4.6 million baht or 37.3 percent compared

joint venture company, (With“Nomura Real Estate Development” (NRED)) 3. Other income, in the period of the first quarter of 2018, accumulated amount of 78.5 million baht, or 3.2% from the total revenue

revenues from project management service to joint venture company, (With“Nomura Real Estate Development” (NRED)) 3. Gain from transfer of right for land purchase and sale agreements, in the period for 6

fact that Mana Patanakarn Co., Ltd., the Company’s subsidiary company which do real estate development business, has transferred the ownership of houses and condominium rooms to the purchasers. 3.2 Cost