percent of the total shares of NEXT, from the Seller. The Company shall pay for the share acquisition upon a condition that the payment amount is varied according to the calculation from the earnings before

100.00 percent of the total shares of NEXT, from the Seller. The Company shall pay for the share acquisition upon a condition that the payment amount is varied according to the calculation from the

a par value of Baht 100 per share, in order to enhance KTMS’s business potential. The Board of Directors approved a resolution to subscribe for the newly issued share, in the total of 148,626 shares

(Unit : Million Baht) 30 September 2016 31 December 2016 Change Current assets 869.95 893.90 (23.95) Non-current assets 1,262.26 1,203.81 58.45 Total assets 2,132.21 2,097.71 34.50 Current liabilities

/2018, with total buyback amount of Baht 114 million; and 3) dividend payment for the second half of 2017 operating results of Baht 69 million. 5. Liquidity and Capital Resources Current Ratio As at 31

category of derivatives broker; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total

percents of total shares sold of management company or employer or; (Translation) - 3 - (2) Any company which management company or employer, as the case maybe, holds shares from ten percents of total shares

; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total shares sold of management company or

) Total comprehensive income 17.49 8.64 8.85 Consolidated financial information P a g e 7 | 7 Comparing the operating results of 3 present months (Q3/2017) and 3 previous months (Q2/2017) , Operating income

Page 1 of 7 Management Decision and Analysis Q3’18 Executive Summary The operating result of the third quarter of 2018 (Q3’18), Singha Estate Public Company Limited (“the Company” or “Singha Estate