Page 1 of 17 (-Translation-) No.DO 004/2563 February 12, 2020 Subject: The Acquisition and Disposition of Assets to Real Estate Investment Trust of M.K. Real Estate Development Public Company Limited

PUBLIC COMPANY L... EASTERN POWER GROUP PUBLIC COMPANY LIM... EASTERN SENA DEVELOPMENT COMPANY LIMITED EASTERN STAR REAL ESTATE PUBLIC COMPAN... EASTERN SUGAR & CANE PUBLIC COMPANY LI... EASTERN TECHNICAL

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...

Automotive Group USA, Inc. (“SAGUSA”) Weihai Bethel Sakthi Automotive Co., Ltd. (“Sakthi Bethel”) Weihai Bethel Sakthi Automotive Safety Systems Co., Ltd. (“WBS”) Sakthi American Corporation Sakthi Real Estate

. (“SAGUSA”) Weihai Bethel Sakthi Automotive Co., Ltd. (“Sakthi Bethel”) Weihai Bethel Sakthi Automotive Safety Systems Co., Ltd. (“WBS”) Sakthi American Corporation Sakthi Real Estate Holdings, Inc. 51.00

Price”) on a lump sum basis equal to the value appraised by the valuers, namely Global Asset Valuer Co., Ltd. and Agency for Real Estate Affairs Co., Ltd., as the valuers approved by the SEC Office. The

broadband market continued to expand with genuine demand for quality broadband at home but also faced intense competition from low-price packages starting at Bt299 offering throughout the year amid economic

transformations. Simultaneously, digital platforms and 5G solutions are also in high demand as they are crucial in optimizing efficiency, security, and real-time operational process agility. Mobile business resumed

related to the costs of real estate development projects, deposits for land, land held for development, property, plant and equipment, cash and deposits at bank, temporary investments and prepaid expenses

2015 by Baht 444.54 million or a 21.58 percent decrease because the Company and its subsidiaries’ assets were mainly related to the costs of real estate development projects, deposits for land, land held