the share transfer agreement (Share purchase transaction). Guarantee obligations and other obligations : -None - Reasons for the share disposal : TL’s business has accumulated losses; therefore, the

which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 13% of the total amount. Phase 2 is still under development.  Forest Patong Project, Phuket is under the

homebuyers, reduction of ownership transfer fee and mortgage registration fee to 0.01%, housing loan measures of the Government Housing Bank and financial support for down payment. Such measures gradually help

to transfer cost of land development to cost of sales. 3 Total Liabilities As of March 31, 2020, the company and its subsidiaries’ has total liabilities of Baht 1,490.81 million, decreased from the

operations THB mm 34 279 (88%) Cost from hotel operations THB mm 79 193 (59%) Gross profit from hotel operations THB mm (46) 86 (153%) Gross profit margin from hotel operations % (136%) 30% (166%) For the

is awaiting transfer of ownership and the commercial area is under development Project the City Hat Yai Songkla province, there are 4 condominium units with 1 building as a condominium for sale. The

25% 679 23% 143% Normalized Profit for the period after NCI1 51 5% 163 5% 217% Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, reverse effective interest rate on loan

2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Total Revenue/1 1,756.9 2,244.3 27.7% 7,227.4 9,121.4 26.2% Total Cost 492.6 916.3 86.0% 2,880.8

, the transfer of investment units, and the transfer restrictions of investment units; (9) appointment, authority, duties and responsibilities of the fund supervisor; 2 (10) change of management company

://www.sec.or.th/EN/Documents/ActandRoyalEnactment/LawReform/SEA-summary.pdf freshfield transfers or will transfer an asset to or places or will place an asset with a special juristic person for the purpose of