“we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the years ended December 31, 2019 as follows

follows: THB’000 Consolidated F/S ∆% Separate F/S ∆% 2018 2017 2018 2017 Revenues from Sales and Services 2,060,114 2,473,795 -17% 1,640,996 1,631,566 1% Interest income 2,302 1,045 120% 679 36,148 -98

” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the six months period ended Jun 30, 2019

“Company” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the nine months period ended Sep 30

statements, the Company reports a consolidated net profit of THB 53 million and net loss of THB 164 million for the 3rd quarter of 2017 and 2016, respectively. The Company (separate) reports a net loss of THB

Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains

the consolidated financial statements for Q2/2017, the total revenue of Golden Lime and its subsidiary was THB 233.17 million, an increase of THB 34.33 million (17.26 %). The net profit was THB 23.17

acquisition or disposition of assets, 2004”. The transaction size from the highest analyzed value, based on the net value of tangible assets, is subjected to 0.18% of net tangible assets of the consolidated

SET with this letter. The differences between reviewed/audited and unreviewed/audited net income were shown as below: (Million Baht) Consolidated The Company Only Net income 2nd Quarter/2017 six-month

Asset (Refer to Consolidated Financial Statement 28 February 2015) NTA of target company x %holding x 100 NTA of the listed company and its subsidiaries =57.36x80%x100 886.64 =5.18% Net Profit (Refer to