market conditions however regular dividends are expected to resume in Q1 2020. Cash Flows Summary as of 31 December 2019 compared to 31 December 2018: 4. Financial Ratios Note: 1) Net Debt = Interest

the receipt of financial assistance pursuant to the Notification of the Capital Market Supervisory Board No. Tor Jor. 21/2551 Re; Rules on Connected Transactions and the Notification of the Board of

enter to the connected transaction. This transaction is considered as the connected transaction regarding the receipt of financial assistance pursuant to the Notification of the Capital Market Supervisory

such as promotion expense and securities deposit fee that increased by 0.43 million baht, these expenses just occurred in quarter 4 of 2018 after the Company got listed in Stock market. Moreover, there

(“the Company”) has already submitted the consolidated reviewed the 1st quarter financial statements as of May 31, 2018 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The

market therefore, their sales has no affect to a significant change to the total sales in this quarter. As for the nine month-period ended September 30, 2019 the Company and its subsidiary still has a

equivalent to 9.38% of business operation based on financial statement as of March 31, 2019, which is not considered as acquisition. However, according to the Board of Directors „s resolution 3/2018 on 18

Notification of the Capital Market Supervisory Board No. Tor.Jor. 21/2551 Re: Rules on Related Parties Transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure

lower transfers of condominium units, and decline in hotel revenue based on market conditions. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial

asset acquisition transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or