Analysis Yearly ending 31 December 2019 1. Highlights The Consolidated sale revenue posted stood at Baht 17,416 million decreased by Baht 12,549 million compared to last year since both sale volume and

Page 1 of 6 Performance Overview In 2017 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a consolidated net profit of Bt572mn, representing a growth of 236% YoY with

3Q17, sales progress reached 91%. The project was due to complete in 3Q19. Management Discussion and Analysis 3Q17 & 9M17 Consolidated Financial Results Page 2 of 6 • In February 2017, the Company

Thailand (SEC) has reported the acquisition of the Company's securities by BTS Group Holdings Public Company Limited (“BTS”) of 0.34% of the Company’s total shares in 30 May 2017 and 1.32% of the Company’s

purchase ordinary shares of the Company No. 3 (U-W3) (the “U-W3 Warrants”) at no cost, totaling Baht 2,172 million, to UE and (b) accepting the assignment of all of UE’s loan owed to BTS Group Holdings

ownership interest), Star Energy Group Holdings Pte. Ltd., and AC Energy Holdings, Inc., have successfully acquired the shares from the affiliates of Chevron Corporation. The project is composed of assets and

) 3.66 3 .48 3.31 5% 11% Consolidated Revenue1 3,240 2,722 2,942 19% 10% Core EBITDA2,3 369 255 304 45% 21% Combined PET 260 177 192 47% 35% Integrated Oxides and Derivatives 37 13 50 191% (26)% Fibers 72

100% of shares through Lombard Estate Holdings Limited, the Company’s subsidiary in which the Company directly holds 100% of shares) has acquired ordinary shares of 3,000 shares or equivalent to 30

:  Buyer: Banyan Tree Services (China) Pte Ltd (“BTSC”)  Seller: Banyan Tree Gallery (Singapore) Pte Ltd. (“BTGS”)  Relationship between buyer and seller: Banyan Tree Holdings Limited (“BTH”) is a major

: 2000 บริษัท คาสเซอรพีคโฮลดิ้งส จํากัด (มหาชน) CASTLE PEAK HOLDINGS PUBLIC CO., LTD.