only 18 days). However, income tax expenses in Q1/2020 increased as a result of the increase in deferred income tax expenses following the implementation of Thai Financial Reporting Standard regarding

, other comprehensive loss as amount of 4.06 Million Baht, Non- controlling interests of 6.71 Million Baht which cause decrease in ownership of 998.14 Million Baht from year 2018 as amount of 1,475.81

from its financial institutions which are sufficient to complete the projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019

ownership, control or management) 3. กิจการที่อยู่ภายใต้นโยบายและวิธีการควบคุมคุณภาพ เดียวกันกับส านักงานสอบบัญชี (Has common quality control policies and procedures) 4. กิจการที่อยู่ภายใต้กลยุทธ์ทางธุรกิจ

financial institutions which are sufficient to complete the projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019. Windshell

platforms: LINE OA, Lazada and Shopee to provide convenience for customers at all stages related to real estate transactions. For example, researching, booking, checking the room and transferring ownership

ownership of the ESSE Asoke starting from Dec’2018 and Banyan Tree Residences, 2018 residential revenue was 3,974 million Baht, increased 66% YoY. As of 31 December 2018, the Company’s residential projects

house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences

THB 1,264m, grew by THB 948m or 300% YoY. Transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Page 3 of 7 Management

costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared significant professional resources. The related parties or