13 November 2019 Subject : Explanation of the operating results for the nine months of the year 2019, change in excess of 20% Attention: Directors and Managers the Stock Exchange of Thailand According

acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition as follows, 1. The buyer made a holding deposit of 20 Million Baht for 3 title deeds

more efficient. Finance cost In 2018, the Group has the finance cost of Baht 128 million and the finance cost to revenue from main business ratio is 2%. There is no significant change compared to those

(“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the first quarter ended 31 March 2019, which changed in revenue and net profit compared with the

design, work suspension or delay due to change in construction design Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which

expenses of Baht 25 million and the selling expenses to revenue from main business ratio is 1%. There is no significant change in selling expenses and selling expenses to revenue from main business ratio

, working people and investors who buy and rent out condominium units. Apart from residential property development, the Company also provides real estate services and management service to other organizations

percent per annum. The purpose of debentures issuance was for investment in the new projects, repayment of debts, and working capital. The debentures were sold at the amount of 1,720.1 Million Baht

Management decided to use deficits from business combinations under common control as a balancing account. The change in this account in each reporting period was due to the difference between the amount that

and changes and adjustment of the construction design, work suspension or delay due to change in construction design. Many projects are gradually completed. Concurrently, many new projects have been