fact that Mana Patanakarn Co., Ltd., the Company’s subsidiary company which do real estate development business, has transferred the ownership of houses and condominium rooms to the purchasers. 3.2 Cost
accordance with the resolution of the Board of Directors’ Meeting No. 3/2018, held on 26 February 2018, approving an investment in real estate project relating to hotels and resorts which is considered as an
from real estate sales, which was the main source of income for 2019. In this regard, the analysis of the operating results of the Company could be explained as follows: Rental and Service Income and
NTA Company Cannot be calculated because it is the acquisition of real estate assets. 2. Net profit criteria Net profit from operations of assets to be acquired Company net profit Cannot be calculated
province (“Ratchaphatsadu Land”) totaling 2 plots, approximate area is 1,335 rai 2 ngan 28.1 square wah, for 50 years, for the purpose of creating opportunities and supporting real estate and/or industrial
used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction
2017: In Q2 2017, the Company is continually developing its current real estate projects: MahaNakhon, MahaSamutr, and Nimit Langsuan projects. Despite of competitive in pricing action, the Company has
2017, the Company is continually developing its current real estate projects: MahaNakhon, MahaSamutr, and Nimit Langsuan projects. Despite of competitive in pricing action, the Company has handover 33
nearby real estate. 9. Opinion of the Audit Committee and/or the Company)s Directors which is different from the Opinion of the Board under Item 8. : - None - Please be informed accordingly. Very truly