subsidiary, please kindly find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 March 2020 MANAGEMENT DISCUSSION

House hotels completed. The major renovation of Vienna House Easy Cracow, Vienna House Easy Bucharest, Vienna House Diplomat Prague and Vienna House Amber Baltic were completed in 2Q 2019. 24 May 2019

, only one project is completed i.e. Lumpini Ville Ratchaphruek-Bang waek with the value of 1,300 million THB. The gross profit is still maintained at 30% of income. In Q2/2017, three projects are launched

or 6.70%. In Q3/2017, none of the projects will be completed and handed over. It will be the income recognition of the projects that are completed in the previous period. The Company has launched one

buildings were newly completed and introduced to potential customers. Due to the accounting standard, the company had to amortize leasehold rights of these new warehouse/ factory buildings. However, the

. The net profit increased 17.32% from the same quarter of the previous year. In Q1/2019, one project was completed i.e. Lumpini Ville Sukhumvit 76 - Bearing Station (2), valuing around 700 million THB

Jaroennawarat Managing Director 31,497,600 2.01 5. Mr. Suthep Chaipattanavanich Director - - 6. Mrs. Siriporn Chaipattanavanich - 31,000,000 1.978 7. Mr. Patta Sahawat Director 31,000,000 1.978 8. Ms. Phattra

Limited (as at 24 May 2018) List of names Position Number of shares % 1. Mr. Sompop Sahawat Chairman - - 2. Ms. Yupaporn Boongate Vice - Chairman 31,000,000 1.978 3. Mr. Vasun Jaroenavarat Director

Chairman - - 2. Ms. Yupaporn Boongate Vice - Chairman 31,500,000 2.01 3. Mr. Vasun Jaroenavarat - 31,500,000 2.01 4. Mr. Wanthana Jaroennawarat Managing Director 31,500,000 2.01 5. Mr. Suthep

The Securities and Exchange Commission (SEC), represented by Mr. Tayakorn Jitrakuldhacha, Director of the Bond Department, extended the SEC congratulations to the Small and Medium Enterprise