February 5, 2018 2. The detail of sold asset Business Type : Services& Rents of Hotel and Condominium Zenith Management Co., Ltd Registered capital on November 4, 2016 with 13,000,000 ordinary shares with a
% when compared to 2017. Mana Patanakarn Co., Ltd., the Company’s subsidiary company which does real estate development business, has transferred the ownership of houses and condominium “Aspen Condo” phase
condominium type. The total project value is appropriated 520 million baht. This which is positive for the company's performance in 2019. In addition, for the construction of a new shopping center project of
condominium and commercial buildings projects not much to meet the target. In this regard, the Company has adjusted the marketing plan to be in keeping with the economic conditions and lifestyle of the consumer
in TSE, has operated its business into various angle including Condominiums & Houses, Hotel Development, Residence Services, Real Estate Investment Advisory and Condominium Management. 4. Other income
fact that Mana Patanakarn Co., Ltd., the Company’s subsidiary company which do real estate development business, has transferred the ownership of houses and condominium rooms to the purchasers. 3.2 Cost
business, most of the revenue come from condominium project and commercial building project. Genco and its subsidiary have signed agreements to sell their piece of land and both agreements are due in Q3/2018
due to the fact that Mana Patanakarn Co.,Ltd., the Company’s subsidiary company which do real estate development business, has transferred the ownership of houses and condominium rooms less to the
housing projects by Baht 1,057 million or 41% and a decrease in revenue from condominium projects by Baht 370 million or 74% decrease compared to the same period of 2019. In particular, the COVID-19
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