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

. 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

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

, THB  366.4mn was revenue from real estate transfer. • Gross profit from real estate business in 1Q/2020 equals THB 43.0mn, having GPM of 11.7%. • Total assets as of 31 March 2020 equals THB 12,301.3mn

delay is also attributed to the COVID-19 outbreak. 3.2 In the first quarter of the year 2020, the revenue from real estate development business has decreased 93.02 Million Baht or 56.67 percent in

delays. 3.3 Revenue from real estate development business has decreased when compared to the same quarter of 2018, by Baht 12.60 million or 12.49%. Income from ownership transfer of housing and condominium

collection, which will obviously grow in the third and fourth quarter this year. 4. Property development Business Although the real estate development business under the operation of JAS Asset had the