from the development in the business for sale, especially condominium projects, which the Company had completed construction since the Q3/2019 of last year. In Q4/2019, the Company delivered the

ventures which are on construction period. And will start to recognize revenue in 2020 onwards, which will make the Group profitable in the future. IV Finance Costs Comprising interests from bank loans

593.09 million was mainly due to the investment in short- term investment, repayment of long-term loans from bank, payment for the construction of the headquarter, training and distribution center and the

revenues. Other revenues decreased by Baht 1.82 million or equivalent to 30.43% due to decreasing of revenues from construction penalty of Lampang, Nakorn Sri Thammarat and Ubonratchathani by Baht 1.49

associates and joint ventures 29.43 million Baht, the Company has property, plant and equipment factory under construction increased total 207.05 million, decreased deferred tax asset in amount 14.41 million

increasing of current assets are trade and other receivables THB 67.8 mn or equivalent to 93.5%, since trade and other receivable mainly are from DAIWA customer segment based on construction project which

construction 186,744 179,036 179,973 4.3% 3.8% Agriculture and mining 37,383 36,825 38,541 1.5% (3.0)% Others 293,683 249,334 293,507 17.8% 0.1% Total 1,978,391 1,923,953 1,941,093 2.8% 1.9% * Less deferred

construction cost and investment in future project. 4. Calculation of Transaction Size The transaction is considered as acquisition of assets according to the Notification of the Capital Market Supervisory Board

estate development projects, deposits for land, land held for development, property, plant and equipment, cash and deposits at bank, temporary investments and prepaid expenses - construction fees. Total

all new branches fully recognized the revenues. Other revenues decreased by Baht 1.42 million or equivalent to 17.03% due to decreasing of revenues from construction penalty of Lampang, Nakorn Sri