the exchange rate of 8.0548 THB per MYR on November 24, 2017 which prior to Board of Director’ Company. The exchange rate is referred to the Bank of Thailand. After the transaction’s completion, CRSB

Agreement”), which the completion of such will be conditional upon the fulfilment of condition precedent and satisfactory completion of the legal due diligence 2. Parties involved and Relationship with the

, 2017 which prior to Board of Director’ Company. The exchange rate is referred to the Bank of Thailand. After the transaction’s completion, CRSB will hold NDR’s ordinary shares for 20.31% of paid

airline business slightly declined by 0.6 percent from highly intense competition which caused the average fare to drop by 6.0 percent, particularly in Indochina routes. This was a consequence of increasing

business to Bangkok Air Catering Phuket Company Limited, a subsidiary of BAC. Average meal produced for the third quarter and nine-month period of year 2018 drop by 28.7 percent and 23.7 percent respectively

income in the future. 8.2 The Company anticipates that the project will expand and increase its business opportunities, as well as enhance its competitiveness. 8.3 After the completion of the projects, the

as enhance its competitiveness. 8.3 After the completion of the projects, the Company will likely continue recognizing revenues from such projects. 9. Conditions on the entering into of the transaction

9M19, 43% drop from 9M18 and THB 41m in 3Q19, 65% declined from 3Q18, due mainly to the decrease in revenue from business management service. Page 6 of 8 Singha Estate Public Company Limited Management

, the significant drop in net gearing ratio attributed to the repayment of loan facility to the acquisition of Outriggers of 5,357.8m from the net proceeds of SHR’s IPO in November 2019. Nevertheless, the

% YoY with a YoY drop in net earnings of 213%, reflecting non-operating items incurred in 3Q16 and 3Q17 performance. For comparative purpose, without non-operating items, such as gain (loss) on exchange