real estate business Bangkok, August 16, 2016 ? The SEC is urging the shareholders of Adamas Incorporation Public Company Limited (ADAM) to thoroughly study the proposed share acquisition for business

right on acquisition of a real estate business Bangkok, August 16, 2016 ? The SEC is urging the shareholders of Adamas Incorporation Public Company Limited (ADAM) to thoroughly study the proposed share

. Segment information of real estate business Amount % Amount % Commercial buildings 50.2 23.4 61.5 18.6 Condominium 22.3 10.4 74.0 22.4 Townhouses 98.3 45.9 132.1 40.0 Twin house - Single house 43.3 20.2

. Type of Business Real estate Development. Date of Incorporation 19 August 2016 Assets to be disposed 26,460,000 ordinary shares of Origin One Thonglor Co., Ltd (par value of THB 10 per share), comprised

its subsidiaries (the “Company”) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To pursue its business strategy, the Company

Company Limited and its subsidiaries (“the Company”) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To pursue its business strategy

slowdown in real estate business. Therefore, the company adjusted its marketing policies by lowering the selling price. Which is divided into sales groups as detailed as follows: Ocean Commerce Public

absence of revenue from hotel operations. Performance of real estate business Revenue from sales In 2Q20, the Company has residential project for sale which are sold out and transferred 5 projects

at 63.6%, a decrease from 67.9% in the same period of previous year in-line with expectation. Performance of real estate business Revenue from sales In 1Q20, the Company has residential project for

since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time