of Thailand Major Development Public Company Limited (“The Company”) would like to inform total revenues 5,679.74 million baht and net profit 733.14 million baht in the consolidated financial statement

Public Company Limited (“the Company”) would like to inform that the Company and/or its subsidiary, AAPICO Investments Pte. Limited, had entered into the transaction to invest in Sakthi Global Auto

operating power plants, with a total contracted capacity of 5,147 MW equity and 3 construction projects, with a total contracted capacity of 544 MW equity. 3. Report and Analysis of the Operating Results EGCO

& Calpis grew 2.7% YoY. Total Personal care continued its momentum with 11.5% growth YoY, with 42.8% growth in CLM markets. International business grew 1.5% at constant FX rate, driven by Myanmar growth

(THB mn) % out of total assets (THB mn) % out of total assets Cash & cash equivalents and Current investments 484 29.7% 203 10.1% Trade & other receivables 290 17.8% 357 17.7% Building and equipment 176

percent compared to the third quarter of the previous year, due to a decrease in the performance of the Company’s wide range of investments. The Company’s gains and return on financial instruments were

1 2017 MD&A: PACE Development Corporation PLC. Executive Summary For the second quarter of 2017, 3-month operating period ended June 30th, 2017 (“Q2 2017”), the total revenues of the Company was

(67.90) (23.70%) Temporary investments 40.50 69.97 (29.47) (42.12%) Trade and other receivables 265.13 319.33 (54.20) (16.97%) Inventories 48.44 31.62 16.82 53.19% Other current assets 2.45 3.29 (0.84

; investments in associates of Bt28 million; deferred tax assets of Bt55 million; and other non-current assets of Bt42 million. The increase in total assets of Bt649 million from December 31, 2017, was due mainly

Havens” (since 2018) proving luxury villa management services and Epicure “Catering” (ECC) (new investment in 2019), providing catering services to international schools; 2) Sales of assets or investments