which phase 1 is a condominium ready for sale remaining awaiting transfer of ownership, only 13% of the total amount. Phase 2 is still under development.  Forest Patong Project, Phuket is under the

is awaiting transfer of ownership and the commercial area is under development Project the City Hat Yai Songkla province, there are 4 condominium units with 1 building as a condominium for sale. The

current liabilities as of December 31, 2017. The major change was mainly from the increased of Advance received from the sale of land and buildings awaiting development amounted 18.0 million baht and Long

estimate of Department of Lands, actual buying and selling price of the land that is located nearby for being the regulation to appraise as comparison. And agreed to the selling price that is higher than net

price is determined on the fair value of land appraised by an independent appraiser approved by the Office of the Securities and Exchange Commission (SEC) to appraise land and property, which in

Limited, which is an independent appraiser approved by the Office of the Securities and Exchange Commission (SEC) to appraise land and property, which in accordance with the market price and higher than the

businesses3. In addition, in this quarter, there were one-time revenue recognitions from sale of land awaiting for development THB 89.1mn and gain on loss control of investment in a subsidiary THB 2.9mn. In

. The major reason is inventories decreased and decrease in land development costs because transferred to cost of sales. And land awaiting for development transfer to land development costs. Total

made an allowance for the value of land awaiting development amounting to 91.33 million baht from the difference from the appraisal value compared to the acquired value. Page 3 of 3 4. Financial costs of

of 63.06 million baht or 41.10 percent, mainly due to the same quarter of the previous year. The Company has made an allowance for the value of land awaiting development in the amount of 91 . 3 3