demand in Chonburi area. Therefore; the company must transfer water from Prasae reservoir to Chonburi area. 2) Raw water cost increased from purchasing raw water from private source in order to remain the
property development for sale and rent. In the previous year, the Company completed the Newera Condominium project at the end of the 3rd quarter of 2019 and was able to transfer and deliver condominium units
villas with the price point of $900-$1,000 per night. We expect to start construction in 2020 and commercially open by 2022. 50% of share transfer of the joint venture company – Prime Location Management 3
in Chonburi was insufficient, therefore; the company needed to transfer water from Prasae reservoir to Chonburi area. 2) Raw water cost increased from purchasing raw water from private source in order
equipment, it decreased 23.78 million Baht. Machinery and other assets decreased due to depreciation based on rules and transfer of completed assets during installation to machinery and equipment assets. - 10
amount of share purchase price and Director’s Loan at the time of such ownership transfer shall be still in the limit of THB 315,000,000. After obtaining approval from the Board of Director of the Company
suspension of share transfer, as well as to amend, change or determine the date, time and venue of the Extraordinary General Meeting of Shareholders No. 1/2017 if the Company faces any problem in preparing the
Securities and Exchange Act B.E. 2535 (as amended) by closing the share register book and suspension of share transfer, as well as to amend, change or determine the date, time and venue of the Extraordinary
Securities and Exchange Act B.E. 2535 (as amended) by closing the share register book and suspension of share transfer, as well as to amend, change or determine the date, time and venue of the Extraordinary
City Industrial Zone. HSMC has the shareholding structure as follow: HSMC shall operate the project on a basis of B.O.T (Build-Operate-Transfer), which is granted the concession in build and operate the