acquisition in franchise agreement and purchase asset agreement amounting to Baht 95.00 million, payment of deposit for purchase asset, rental and service deposit amount Baht 10.64 million and increase
been completed on 19 February 2020. Page 2 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 On 11 December 2019, S Residential Development Co., Ltd., one of the Company’s
(Pneumatic Tube Carrier Systems) already completed at projects. . Analysis of results of operations. Statements of Comprehensive Income – Consolidated (Million Baht) For six-month periods ended June
, representing a decrease of 5.5%. This is because the invoice has been issued on the projects that were completed and delivered in Q3–2020. Therefore, the unbilled receivables decreased. Inventories increased by
–2020 by 732.0 million baht or 32.7%. This is because the majority of projects are scheduled to be completed in Q2-2021; therefore project delivery in Q3-2021 has been decreased. Furthermore, new projects
quarters. EBITDA in 2017 was Baht 535 million, a decrease of 35% YoY. However, the EBITDA level is in the same range as 2015. On 30 October 2017, the Company has signed the joint venture agreement KINO
including: o Corpus Christi JV, US – will create new and exciting ways to serve our customer needs by expanding our PTA-PET asset base in the Americas. o Brazil PET (completed 24 May, 2018) – creates entry
agreement with two airlines: Xiamen Airline and Hong Kong Airlines. The new partnership would seamlessly enable passengers of both airlines to connect with world-class tourist destinations in Thailand such as
Channel Agency Co., Ltd. The Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon
Ratchadamri, Bangkok. In June 2020, the Company made one more management agreement to operate the deluxe Dusit Beach Resort Guam located in the U.S. territory of Guam while terminated one management agreement