Assets” ) with the transaction size of 30.24% of net profit of the Company’ s consolidated financial statements as of 30 September 2017. The transaction size is higher than 15% threshold criteria but lower
of most appropriated methodologies from 2 independent financial advisory firms, the Company recognized the effect from loss of control in these two subsidiaries recorded in the consolidated statements
rate of tariff for importing products from China. However, the global economy still has continuously growing up. While Thai’s economic has trend to growing lower than expectation, Not only exporting
formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks, obligations, and rights attached to the hotel were transferred to the purchaser, while the
discontinued operation U City reported total consolidated revenue of THB 1,791mn in 2Q 2018. This represented an increase of 139.5% YoY or THB 1,043mn from THB 748mn in 2Q 2017. Please note, that the Company has
franchise business on February 10, 2018. 3. Analysis of Operating Results Statements of Comprehensive Income – Consolidated (Million Baht) For 3-month period ended June 30, Increase (Decrease) 1st Quarter
of only 33 residences. 4 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2
period ended September 30, Increase (Decrease) Statements of Comprehensive Income – Consolidated (Million Baht) For 3-month period ended September 30, Increase (Decrease) 2nd Quarter Increase (Decrease
consolidated financial statement of the Company as of 30 September 2019 as follows: (a) Net Tangible Asset Not Applicable (b) Net Profit from Operations Not Applicable (c) Compare to Total Value of consideration
consolidated financial statement dated December 31, 2019 is being referenced. To measure the transaction value the method used is book value of net tangible asset (NTA) and the value is 70.24% of the total asset