Company Limited Land and Houses Fund Management Company Limited run a business to manage mutual fund, property fund, real estate investment trust, provident fund and private fund. Overview of Fund

business for the year at the end of 31 December 2018 • Decrease in gross profit of the company was Baht (81.00) million or decreased (33%) from Baht 244.53 million to Baht 163.53 million, which were mainly

in associated company of 6.78 million baht from better operating results of associated companies with a decreased in property, plant and equipment at 5.08 million baht due to the annual depreciation

. Transaction parties involved Seller : Thai Wacoal Plc. Purchaser : Saha Capital Tower Co., Ltd., who is a connected party to the company Details of purchaser Type of business : Property Development Registered

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the three-month period ended 31 March 2019 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE

property, plant and equipments. Cash flows from financing activities As of 31 March 2019, the Company and its subsidiaries have net cash flows used in financing activities at the amount of 753.7 million baht

businesses, also our operation. In 1Q20, the Company reported the net loss attributable to owners of the parent of Baht 82 million and the loss including attributable to non-controlling interest of Baht 78

February 28, 2020 Subject: Managing Discussion and Analysis for Year2019 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

August 14, 2018 Subject: Managing Discussion and Analysis for Q2/2018 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

million and increase in property, plant and equipment by Baht 15.99 million, due to the investment in machinery of new production lines. 2. Total liability, the company had total liability as at September