Thailand Enclosure: The Information Memorandum regarding the Disposition of Assets By virtue of the resolution of the Board of Directors’ meeting of Pace Development Corporation Public Company Limited (the
loans, real estate development loans and housing loans while hire purchase loans declined slightly from the end of 2018. For asset quality, the Non-Performing Loans (NPLs) to total loans ratio for 1Q19
Havens” (since 2018) proving luxury villa management services and Epicure “Catering” (ECC) (new investment in 2019), providing catering services to international schools; 2) Sales of assets or investments
epidemic. Therefore, the main customers, espeacially in the real estate sector, delay launching their new projects. Financial Position As of 30th June 2020, the company’s group has total assets of 861.61 THB
to the COVID-19 epidemic, thus major company’s customer espeacially in real estate sector delay in launching new projects. The recognition of construction and services for the first nine months of 2020
. The tourists have decreased. The company has opened a conference center which can earn enough income for monthly expenditures. 1.4 Revenue from real estate rental of 0.86 million baht, and increase of
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delays. 3.3 Revenue from real estate development business has decreased when compared to the same quarter of 2018, by Baht 12.60 million or 12.49%. Income from ownership transfer of housing and condominium
investment in ONE CITY CENTER (“OCC”) – grade A office building development project for a total investment value of THB 8,771.4mn. Management outlook and future projects Despite the real estate market in