and Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”), having the highest transaction value of 31.09 percent, calculated from the Consolidated Financial

2019: Disposal of asset. The Company entered into the Share Sale and Purchase Agreement to dispose ordinary shares in a subsidiary, Mo Chit Land (MCL), worth THB 4,320mn to Sino-Thai Engineering and

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

“Notifications on Acquisition or Disposal”), having the highest transaction value of 31.09 percent, calculated from the Consolidated Financial Statement of the Company for the period ending 30 June 2017, which is

collateral could be canceling or decreasing the limit of the letter of credit or letter of guarantee, as the case may be. (2) terms regarding [i] change in the amount or value of the securities or [ii

canceling or decreasing the limit of the letter of credit or letter of guarantee, as the case may be. (2) terms regarding [i] change in the amount or value of the securities or [ii] returning collateral

Market Supervisory Board, or the Office of the Securities and Exchange Commission has recommended any investment in the securities nor shall they assure the value or returns on the securities being offered

which is equal to the book value of PAF as the latest financial statement, which has been audited by the auditor as of 31 December 2019, has a total value of 11,488,125 baht , which is the value agreed

securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares group in the SET100 index that has value follwing the market

Development Co., Ltd. (“NRED”) by disposal of 26,460,000 ordinary shares, with the par value of THB 10 per share, ), comprised of 49,000 ordinary shares with paid up capital of Baht 10 per each share and