Buildings. As such, the Company does not have a plan to develop such land. 8. Plans for utilizing the proceeds from the asset disposal Proceeds received from the disposal of Land and Buildings to the

alleviates the impact of the risk on the Company’s performance. Therefore, the Company has invested in the Refined Glycerine plant according to the Company's strategy plan, which add the value-added to by

doubtful debt amounted of Baht 22.5 million in 1H2018,and increase in number of managements, staffs, and marketing expense according to business plan.  Finance Cost decreased from Baht 104.9 million in

plan. However, the Company has operated trial run service for 5 more stations from Wat Mangkon Station to Tha Phra Station in MRT Blue Line Extension which included Wat Mangkon Station, Sam Yot Station

/2019 as Planned As of 30 June 2019, there were altogether 38 operating branches in Thailand. According to the company’s plan to open 8-10 branches in 2019, 6 branches have already been launched in the

Company and its subsidiaries will closely monitor and control the operation to achieve our turnaround plan.

maintain positive view on property market in long-term, specially demand for high-quality residential property and office space. For the plan on residential property business, in 2Q19, the Company had signed

the EBT of UE MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 15 MAY 2018 U CITY PCL 1Q 2018 MD&A (for the quarter ended 31 March 2018) 8 U CITY PCL 15 MAY 2018 BUSINESS PLAN AND OUTLOOK Following the EBT of

staffs according to business plan. However, the administrative expenses decreased from Baht 56.1 million in 1H2017 to Baht 44.9 million in 1H2018 mainly from accounting adjusted of doubtful debt amounted

. 1.4 Offering plan The subscription is determined to take place within October 31, 2018 after the Extraordinary General Meeting of Shareholders No. 1/2018 has resolved to approve the amendment of Article