Baht according to the consolidated financial statements. The Company could return to having net profit due to be able to transfer the condominium units under the Newera Condominium project as targeted in

to accept the right under the Strategic Partnership Agreement between the Company and Hemaraj Land and Development Public Company Limited (“Hemaraj”) to conduct the business of distribution and retail

profit from sales of Anantara Chiang Mai serviced apartment units under our associated company MHG NPark Development Company Limited. 1.4 Share of Profit from Investments in Joint Ventures (JV) Share of

securities, the terms “ warrant ” “ execise of rights under warrants ” “ institutional investors ” “ registration statement ” “ parent company ” “ subsidiary company ” “ executive ” “ major shareholder ” and

securities, the terms “warrant” “execise of rights under warrants” “institutional investors” “registration statement” “parent company” “subsidiary company” “executive” “major shareholder” and “controlling

“warrant” “execise of rights under warrants” “institutional investors” “registration statement” “parent company” “subsidiary company” “executive” “major shareholder” and “controlling person” shall have the

the Securities and Exchange Commission on filing and exemption from filing of registration statement for securities offering. (3) 5 Repealed. (3) The provision under the first paragraph shall not apply

does not have any relationship with the Company. The transaction, therefore, is not considered a connected transaction under the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551

12.21 0.00 12.21 N/A 6.95% 0.00% Revenues from reduction of defaulted interest under the Court’s order 16.66 0.00 16.66 N/A 9.48% 0.00% Distribution costs (24.14 ) (26.13 ) (1.99 ) 7.62% (13.74%) (8.83

March 31, 2020, the Company’s net interest-bearing debt to equity equal to 0.38x which is under target at 1x and considerably lower than debt covenant at 1.75x. The Company also has cash and short-term