Analysis (MD&A) 2019 Page 4/8 6. Property Development Business and Retail Rental Space JAS Asset Public Company Limited ("J"), a company considered as the property developer, conducting in the business of

Commission hereby issues the following regulations: Clause 1. This Notification shall come into force as from 1 January 2010. Clause 2. In this Notification: (1) The term “Executive” shall have the same

นโยบายการลงทุนซึ่งจะส่งผลให้มี net exposure ในทรัพย์สินดังน้ี โดยเฉลี่ยในรอบปีบัญชี > 80% ของ NAV 1.3.1 หน่วย property 1.3.2 หน่วย infra 1.3.3 derivatives หรือ SN ที่มี underlying เป็นสินค้าโภคภัณฑ์ (เช่น

Exchange rate Net loss on exchange rate amounting to THB 21m reflected unrealized loss from foreign exchange rate of foreign currency borrowing at a property-level. Nonetheless, the Company, in December 2019

2021. Currently, the total number of stores which have opened, or have completed franchise contacts aggregates to 90 branches. In addition, the Company has set the medium-term targets to expand to 500

and Exchange Commission hereby issues the following regulations: Clause 1 . This Notification shall come into force as from 1 January 2010. Clause 2 . In this Notification: (1) The term “Executive

plans to expand the dessert café to other ASEAN countries in order to generate long-term growth. 0.14 0.15 0.21 0.30 0.53 0.79 1.21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 The Recovery of the

% 1,077,172 26% 1,275,755 39% Long-term investments 32,419 0% 30,572 0% 27,245 1% 23,757 1% Property, plant and equipment - net 1,646,419 22% 1,488,481 23% 1,462,585 36% 576,530 18% Investment properties 44,678

12% Other current assets - net 242,306 3% 321,559 5% 285,792 7% 227,304 7% Total current assets 2,494,036 33% 1,701,915 27% 1,077,172 26% 1,275,755 39% Long-term investments 32,419 0% 30,572 0% 27,245

repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital