operation of the Company since, according to the Company’s financial information and operating results, the Company not only has a large amount of cumulative loss in the past 3 years with the current ratio of

annum. In this regard, the Company has utilized such loans in the business operation of the Company since, according to the Company’s financial information and operating results, the Company not only has

' development progress not achieve the Company's target. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2017 Page 2 2. Operation performance according to

the details as follows: (1) Net Tangible Asset Criteria Cannot be calculated since this is the transaction of the disposal of land and buildings. (2) Net Profits from Normal Operation Criteria Cannot be

Normal Operation Criteria Cannot be calculated since this is the transaction of the disposal of land and buildings. (3) Total Value of Consideration Criteria Enclosure Page 4 Total Value of Consideration

vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate Governance Project" of the Securities and

to the redemption and transfering of Land and Buildings to Chote Pittayachai 3 Co., Ltd. at the price of Baht 550,000,000 (Five hundred fifty million), including operation as follows : (A) negotiate

) was made to disclose information and the vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate

disposal of land and buildings Enclosure Page 3 2. Net Profits from Normal Operation Criteria Cannot be calculated since this is the transaction of the disposal of land and buildings 3. Total Value of

perform any actions related to the redemption and transfering of Land and Buildings to Chote Pittayachai 3 Co., Ltd. at the price of Baht 550,000,000 (Five hundred fifty million), including operation as