Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain

a significant drop in foreign tourist visitors and limit domestic travelers from country lockdown. Given the situation, the Company decided to temporarily close hotel operations and change its

strategy is the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the

the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the Company has

Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from

per the contract whereas there was a significant decrease of the non-current asset of the mortgage cash at bank of Baht 7.34 million due to the withdrawal of non- mortgage cash at bank. Total

previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018

cash equivalents 4.36 31.33 (26.97) (86.08) Trade and other current receivables 222.38 186.08 36.30 19.51 Contract assets 574.30 564.88 9.42 1.67 Inventories 20.35 9.72 10.63 109.39 Other current assets

Microsoft Word - 2009-037EN The Information of the Connected Transaction (Additional) Ref.No.2009/037EN September 22, 2020 Subject Inform about The Connected Transaction of the contract of land lease

/2018, the company already had a renew contract from the main repeat customer who requested the company to prepare the training courses, uniforms and all security equipment for the hired employees. While