Australia, and one of top 3 developer having highest market share in residential industry, also gained the most popularity in condominium brand in Japan. Thus the opportunity to enter a joint venture to

estimates by research tends to vary to some degree. The company has therefore decided not to carry out such analysis going forward. Nonetheless, reflecting on its market share, VGI estimated that in 2017 its

warrants issued 1,711,334,815 units Exercise ratio 1 VGI-W2 to 1 ordinary share of VGI Exercise price THB 10.00 Terms 4 years Exercise period Quarterly Issuance date 11 September 2018 Expiration date 10

Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3

an offering price of THB 2.00 per share, to the existing shareholders at a ratio of 5 existing ordinary shares for 1 newly issued ordinary shares. The Company has already used the proceeds from the RO

the low-income citizens to stimulate near-term consumption. Meanwhile, internal and external factors that affect the Thai economy are the slowing global economy growth, the inconclusive trade war

capital from 25 Million Baht to 625 Million Baht by issuing 60 million newly ordinary shares in value of 10 Baht per share. 2. The approval on Vanachai Group Public Company Limited to invest in newly

increase the capital from 25 Million Baht to 625 Million Baht by issuing 60 million newly ordinary shares in value of 10 Baht per share. 2. The approval on Vanachai Group Public Company Limited to invest in

) the register and transfer of units, under Clause 9; (7) the investment of the trust, under Clause 10 to Clause 15; (8) the income generating activities of the trust, under Clause 16; (9) the debt

finance cost/income tax/others 440 214 345 (22%) 61% Net profit 2,776 2,326 2,822 2% 21% Excluding non-recurring items 2,776 2,151 2,822 2% 31% Earnings per basic share (THB) 0.62 0.52 0.63 2% 21% Excluding