2017: In Q2 2017, the Company is continually developing its current real estate projects: MahaNakhon, MahaSamutr, and Nimit Langsuan projects. Despite of competitive in pricing action, the Company has

2017, the Company is continually developing its current real estate projects: MahaNakhon, MahaSamutr, and Nimit Langsuan projects. Despite of competitive in pricing action, the Company has handover 33

(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has

purchase of real estate, allow the purchaser and the seller to reach agreement in many ways on such issues on a voluntary basis to the satisfaction of both parties. The opinions of the Independent Financial

Leasehold Real Estate Investment Trust (DREIT) in the same proportion of the current holding with objective to generate the long-term continuing return. The Annual General Meeting of shareholders also

which the Company holding shares in each core business, there was the business net profit in the previous year. The Company realized that although the turnover has been improved, it still has various

venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS

agricultural provinces and at Mega home businesses still do not meet the expected goal. However, the Company has organized various promotional activities such as HomePro Expo during March 16-25, 2018, and

packaging by purchasing more machines and improve their production efficiency in various area, reduce waste, reduce the use of raw materials and increase product quality. In addition, prepare marketing and

the highly strict of relevant laws and also the various ways of approach the customer. 2.3 Revenue from Customer Service Representative Outsourced for this quarter was THB 33.5 million, decreased by THB