E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

real estate development and service business. The Company has developed premium housing projects in central business area to open up new business opportunities. Moreover, the opportunity in rental real

- Authorized 140.00 140.00 - - Issued and paid-up 140.00 100.00 40.00 40.00 Share premium 246.11 - 246.11 n.a. Retained earning Appropriated - legal reserve 5.09 5.09 - - Unappropriated 63.87 44.31 19.56 44.13

significant changes Balance by Quarter Change Q2–23 Q4–22 Q2–23 VS Q4–22 (MB) (MB) % Issued and fully paid-up 1,431.4 1,331.1 100.3 7.5 Share Premium 703.2 603.0 100.2 16.6 Unappropriated Retained earnings

changes: Shareholders’ equity Items that has significant changes Balance by Quarter Change Q2–24 Q4–23 Q2–24 VS Q4–23 (MB) (MB) % Share capital Registered 1,536.4 1,464.7 71.7 4.9 Share premium 808.2 736.5

) % Share capital Registered 1,536.4 1,464.7 71.7 4.9 Share premium 808.2 736.5 71.7 9.7 Retained earnings – Unappropriated 1,623.2 1,692.0 (68.8) (4.1) Total shareholders' equity 4,123.3 4,053.3 70.0 1.7

year was being an exclusive business partnership with AIS, the No.1 mobile network operator in the country in order to sell SIM cards and mobile packages, has already cooperated since the fourth quarter

, or 51.04%, compared on the same period from last year. Due to only 1 project (Notting Hill The Exclusive Charoenkrung) was able to transfer in June 2017, resulting in only paying up a portion of the

Collateral : The Land and Building of J Town Exclusive – Bangpakong Project. 2 บริษัท เจ. เอส. พ.ีพร็อพเพอร์ตี ้จ ากดั (มหาชน) J.S.P.PROPERTY PUBLIC COMPANY LIMITED 41/1 ถ.พระรามที ่2 ซอย 54 แขวงแสมด า เขตบาง

spaces ( partial, being an area for investment of approximately 70,095 square meters. 4 In addition, the leased properties are exclusive of (1 ) the area in CentralFestival Pattaya Beach shopping mall that