terminates or revises the covenant regarding the Trust’s units holding period to be less than 5 years, the Promisors shall hold Trust’s units for a period of 5 years. Also, during the aforementioned Trust’s

FEBRUARY 2020 U CITY PCL 2019 - MD&A (for the year ended 31 December 2019) 8 U CITY PCL Presales backlog at the end of year 2019 was THB 10,324mn from 9 projects expected to transfer during 2020 to 2022

petrol station at 4,953 stations on March 31, 2020, in spite of the lower transportation during the spread of COVID- 19 outbreak. Additionally, the Government has continually stimulated biodiesel usage

during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

million from Investments of Utilities Business mainly due to the recognition from Share of Loss from SDWTP resulting from the delay of planned volume ramp- up in Vietnam during COVID-19 pandemic. For 6M2020

sales has dramatically grown. During the COVID-19 pandemic, the Company has brought forward its omni-channel strategy by accelerating Central Retail Corporation Public Company Limited Management

line with the growth in the industry, coupled with, pent up demand during lock down period. - Food business: new format and new store concepts have been implemented to serve the lifestyles of our

consolidated of GFPT Public Company Limited (“GFPT” or “the Company”) and its subsidiaries (collectively, “GFPT Group”) for the 3rd Quarter 2019 as well as included any significant transactions occurred during

Chocolate Bar Box Set which was launched during the past Valentine's Day. In addition, seasonal menus were also launched, such as the Mayongchid line which received overwhelming feedbacks Significant events

shall provide indemnity insurance for the performing its function, as well as the conduct of its directors, executives and personnel, during the period of approval to be REIT manager. Clause 19 The REIT