x 100 Issued and paid-up shares of the Company This cannot be calculated as the Company has not issued any security which to be used as consideration in exchange for the acquisition of the assets Upon
Transaction”). The transaction value is at up to 2.45 percent of total assets of the Company and its subsidiaries. Calculated by applying the Total Value of Consideration Basis based on the three Consolidated
concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
ร้ับช าระเงินจากผูซ้ือ้ครบถ้วน แลว้ (Completion Method) ถึงแมบ้ริษัทฯ จะไดม้ีการขายทรพัยสิ์นออกไปบางส่วน แต่บริษัทฯ ก็ยงัเหลือโครงการอสงัหาริมทรัพยท์ี่รอการขายและรอการรบัรู้ รายไดใ้นอนาคตจ านวน 14,697 ลา้
the negotiation and benefits the Company will receive. 3. Details of connected party and relationship nature : Major shareholder of the Company holding 24.22 percent of total paid-up capital of the
business in March 2018, which caused setting up costs as one-time expenses during 2018. Cost of real estate sold in 4Q/2019 decreased to THB 352.5mn from THB 1,010.8mn in 4Q/2018 in line with the decrease in
lifestyle resort on island 3 in Crossroads project with a transaction value of USD 16.2m. Nonetheless, the progress of design and construction has been as planed while the target construction completion is in
31.108 4. Value of equity issued Equity shares issued for the payment of assets x 100 / paid-up shares of the listed company N/A Remark: (1) The Transaction size was calculated based on the reviewed
Management Discussion and Analysis 1. Significant events in the third Quarter of 2019 1.1 The progress in construction projects 1.1.1 Project completion - SBPL Project, a project of San Buenaventura Power Ltd
management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of