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development operations which comprise of property sales and the sale of holiday club memberships decreased by Baht 97 million. The difference is largely attributed to the lower revenue recognition of holiday
holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the
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monitor the outbreak situation of COVID-19 in order to arrange a new meeting schedule as soon as it is reasonably practicable, and will announce accordingly. Please be informed accordingly. Yours Sincerely
as soon as is reasonably practicable. Please be informed accordingly. Sincerely yours, (Mrs. Prim Chaiyawat) Company’s Secretary