the asset light and lease model as planned. For luxury villa management under Elite Havens brand, the Company expect to see its expansion into a new market targeting Australia as well as continuous

business operation, as the Company has continuous accumulated loss. Thus, the Page 3 Company considers the business restructure of the Company for purpose of handling the impacts from the downturn of the

, an increase of 9.9% yoy from net loss of THB 55 million in 3Q17. In 9M18, net profit was THB 170million, an increase from net loss of THB 23million in 9M17, mainly driven by the continuous growth of

0.30% 3.98 0.81% Short-term loan due from related party - 0.00% - 0.00% - 0.00% - 0.00% Construction in progress 0.59 0.09% 20.97 2.78% 8.31 1.77% 3.55 0.72% Total Current Assets 447.02 66.89% 479.03

12,547 12,416 Gross profit margin (%) 22.84% 25.49% 26.48% Consolidated financial ratios 2018 2017 2016 Financial data and profitability ratios (continuous) Operating expense (include Research and

baht 10,474 12,123 12,547 Gross profit margin (%) 20.47% 22.84% 25.49% ratiosConsolidated financial 2019 2018 2017 Financial data and profitability ratios (continuous) Operating expense (including

gross profit of Baht 239 million, which is increased by Baht 69 million or 41% compared to the gross profit of Baht 170 million for 2Q16 because of the continuous growth of "Boonterm Kiosk" business. In

loan from a financial institution. 9. Expected Benefits from the Transaction The property development projects of the Company are decreased due to the continuous increase of sales. After the acquisition

Group has gross profit of Baht 231 million, which is increased by Baht 51 million or 28% compared to the gross profit of Baht 180 million for 3Q16 because of the continuous growth of "Boonterm Kiosk

higher lime demand in Q4 2017 and will continue into Q1 2018. The steel industry has closed its third year of continuous recovery in 2017, with total output up over 10%. Further volume increase is