Compressor Station project (Ratchaburi – Wangnoi) (PTT WCS) which contract amount of 356.00 Million Baht. Cause the Group reconized revenue of work completion higher than last year. On 2017, the portion of

661 6664-5 www.indoramaventures.com Ref.No.IVL001/04/2019 3rd April 2019 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of 83,000,000 newly issued shares

unbilled receivables increased by 49.11 Million Baht and 94 Million Baht, respectively. The main reason of increased these transactions resulted from revenue recognition by percentage completion of ongoing

1,407.24 Million Baht or up by 111.99%. This was mainly due to the Rich Park @ Triple Station project completion, the revenue can be recognized in 2018, which is the main income from the sale of real estate

condominium sales of 1,256.56 Million Baht, increased by 794.42 Million Baht or up by 171.90%. This was mainly due to the Rich @ Sathorn–Taksin Project completion and the condominium unit transfer, which enable

nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction

increases in the amount of Baht 138.29 million or 33.48% when compared to the same period of the year 2017. It is a result of some projects are nearing completion. 2 / 2 2. Cost of construction increases in

Acquisition or Disposal. Please be informed accordingly, Sincerely yours, -Weera Louwitawas- (Mr. Weera Louwitawas) Chief Executive Officer Enclosure 1 1 Information Memorandum in relation to the Transaction of

Sukjaroenkraisri Director / Executive Chairman Director / Chairman of the Executive Committee / Chief Executive Officer / Major Shareholderof14.7 2% 3,881,350 1.55 Mr. Yiem Chundprasit Mr. Yiem Chundprasit Mr. Yiem

Sukjaroenkraisri Miss Sugunya Sukjaroenkraisri Director / Executive Chairman Director / Chairman of the Executive Committee / Chief Executive Officer / Major Shareholder of 14.72% 3,881,350 1.55 Mr. Yiem Chundprasit