synchronize with the reclassification of the assets as mentioned above. 5. Decrease in deposits from long-term lease agreement of THB 63.9 mm. This was caused from the reclassification of liabilities to

million, Concession of a subsidiary of Bt479.7 million and Right to use leased land related to concession agreement of Bt30.6 million. 2.2 Liabilities As of December 31, 2017, the Group had total

, Belgian company, who is an subsidiary of Vinythai, due to practical difficulties to maintain company operation after the expiration of service agreement provided to it by Solvay SA (the former major

venture agreement with Tokyo Tatemono Asia Pte. Ltd. to jointly develop a luxury condominium project in Thonglor area, Soi Sukhumvit 38. Management outlook and future projects Despite the bearish outlook

. Approved the resolution to engage the 3 years period of land leasing agreement for branch office in Bangkok from Eksang Holdings Co., Ltd. (EKH), who is the major shareholder of the company, with total

February Entered into the third joint venture agreement with Tokyo Tatemono Asia Pte. Ltd. (“TTA”) to develop an ultra-luxury condominium project in soi Sukhumvit 38, near BTS station – Thonglor. The project

long-term loans from financial institutions (20) (71) +72% Cash paid to liabilities under finance lease agreement 5 (11) +142% Treasury shares 0 (114) +100% Finance costs paid (21) (6) -262% Dividend

% Repayment of long-term loans from financial institutions (20) (71) +72% Cash paid to liabilities under finance lease agreement 5 (11) +142% Treasury shares 0 (114) +100% Finance costs paid (21) (6) -262

concession agreement. 2.2 Liabilities As of June 30, 2019, the Group had total liabilities of Bt9,133.1 million, increasing by Bt695.7 million or 8.2% from December 31, 2018. The total liabilities to total

Agreement on 7th August 2019 in relation to the proposed Transaction. The Company expects the closing of the Transaction to be during the Q4/2019 subject to the applicable regulatory approvals. 2. Parties