awaiting launch in the second half of the year, consisting of 4 condominiums and 8 housing projects, with a total value approximately 16,700 million baht. There are 12 projects, which the total project value

the first half year. The Group have 12 projects awaiting for transferred activities in the second half of the year which the total project value over 17,100 million baht including 2 joint venture

as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating

amounting to Baht 75 million and increased by Baht 11 million YoY or 17% due to the increase in sale volume partly offset by reduction in freight cost due to reduction in fuel prices. 4. Administrative

since lower freight cost due to lower export volume comparing to 2Q2019. The consolidated SG&A expenses in 2Q2020 were 9. 89% of revenue from sales, increased from 7.62% in 2Q2019. The consolidated SG&A

and buildings awaiting development -Long-term loans from financial institutions due within one year -Obligations under finance leases current portion due within one year 50,000 75,746 21,984 17,528 338

3,137mn, from the assumption of a 50% stake in the joint venture with Sansiri, Keystone Estate joint venture and Keystone Management joint venture, (iv) an increase in land and project awaiting development

and project awaiting development of THB 1,918mn, largely from land plots acquired in the EBT of UE last quarter, (v) an increase in restricted deposits of THB 1,587mn, as collateral for loan from a

increase in investments to joint-ventures of THB 3,005mn (Sansiri JVs and Keystone JVs acquired); (iii) an increase in land and project awaiting development of THB 1,918mn (largely from land plots acquired

, land, and project awaiting development. CASH FLOW As of December 2019, cash and cash equivalents was THB 2,767mn, decreasing 1% from THB 2,797mn at the beginning of the period. In 2019, Cash generated