company, according to transaction details as follows: (1) Transaction date : Within November, 2017 (2) Transaction parties involved Purchasing party : Thai Wacoal Plc. Selling party : Total 12 non-connected

the 2nd quarterof Year 2018 and 2019 were in amounts of Baht 135.14 million and Baht 168.99 million, respectively, which increased by 25.1% compared to the total revenue. The increasing in revenue Baht

shares in OW from Mr. Alex Loo Liat Wah. The purchase price was set at 180 baht per share, totaling 435 million baht, representing 24.17 percent of OW’s total issued and paid-up shares. The asset

competition also translated into a 4% reduction in total marketing expenses YoY. FY18 CAPEX was lowered as 4G coverage was mostly completed and investment of Bt20bn was to mainly support added capacity and FBB

% Other non-current liabilities 137 138 -0.3% Non-current Liabilities 469 235 +100% Total Liabilities 2,778 2,061 +35% Authorized share capital 140 140 - Issued and fully paid-up share capital 140 140

the shareholders meeting consider and approve the disposal of assets for business restructuring with total value of Baht 1,403.61 million. The abovementioned disposal of assets shall be made by means of

Page 1 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 9M19 total revenue of THB

Dessert café Company 704.29 95.77 597.59 98.22 17.86 2. Sales from Catering service and OEM Company 19.67 2.67 8.79 1.44 123.78 Total sales 723.96 98.45 606.38 99.67 19.39 Other revenues 11.42 1.55 2.01

. Revenue For the six-month period ended 30 June, 2018 and 2017 the Company and its subsidiary’s total revenue increased in the amount of 47.74 million baht or 33.81% of 6-month period of 2017’s total revenue

depreciations expenses to be recognized partially in administrative expenses. Whereas in the same period of last year, those expenses were fully recognized in administrative expenses. The net result from an