business rent in the shopping center business since the third quarter of 2020 onwards. And the company aims to transfer 100% of the units under the Newera condominium project in 2020. 2. Cost and Expenses

654 3344 Fax. 66 2 654 3323 Gross Profit Margin Gross profit margin of the property development business decreased from the previous year from 23.9% to 10.4 from sale promotion of the condominium units

ESCENT Chiangmai Under Construction 1H2018 26-storey Condominium, 400 units 100% ESCENT Khonkaen Under Construction 1H2018 24-storey Condominium, 408 units 100% ESCENT Rayong Under Construction 1H2018 25

joint venture agreement with Mitsubishi Estate Asia to jointly develop OCC project, the grade A office building for rent. For the second half of 2019, the Company is planning to launch 2 condominium

Sansiri JV launched presales of The Base Saphanmai project with 820 condominium units and a total project value of THB 2,697mn. 8,747 8,747 8,747 8,747 8,747 8,747 8,747 2,370 2,370 2,370 2,370 2,370 2,370

for 14 condominium projects jointly developped with Sansiri Public Company Limited, in the amount of Baht 13,5000 million approximately, and for other joint venture projects in the future in the amount

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: + 662 273 8838 F: + 662 273 8858 www.ucity.co.th Ref. No. U.SET 019/2017 October 30, 2017 Subject: Entire business transfer of Unicorn Enterprise Company Limited, capital increase, issuance of the U-W3 Warrants and U-W4 Warrants, issuance and offering of the newly issued preferred shares to be issued and offered to the existing shar...

for transfer by 4Q19; 3.) ESCENT Ubonratchathani, currently has more than 70% pre-sales take up, will be completed and ready for transfer by 2020; 4.) PHYLL Pahol 34, a condominium project in Bangkok

services, which offers the following 1) Short-term programs 2) Customizable corporate programs such as programs for cabin crews, hospitality services, etc. 3) Consultancy services for SMEs and culinary

by closing Dusit Thani Hotel School (DTHS) in 4Q17 to utilize DTHS’s building and facilities as a research center for the development of culinary and hospitality programs under Dusit Thani Excellence