Board of Directors of Fancy Wood Industries Public Company Limited (the “Company”) No. 8/2017 dated September 8, 2017 approved the investment in the property development business by acquiring the entire

ที่ บช NO. AC. 004/2017 13 November 2017 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

business. Financial Cost Total cost of financing primarily resulted from interest costs in association with project loans, which are capitalized as development costs for respective projects till completion

1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654

, Pattaya, Krabi, etc. and the utilization rate is quite high. Thus, the Company is looking to search new additional areas covering Thailand such as beach view or tourist attractions, together recreation

, mountain view or tourist attractions, together recreation activities, for example, water sports, mountain bike, trail, etc, Moreover, the Company is committed to driving sustainability since the Company use

of 2018 = 4,220.99 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2018 Proportion of revenues and cost Raw water

as follows: The entering into the Marketing Support Service Agreement between Dream Islands Development 2 Private Limited ("DID 2") (a subsidiary of the Company having 99.99 percent of total issued and

; and (b) reports on the asset value, unit value and progress of the development of the principal assets shall be in accordance with Part 3. (3) cessation of duties under this Notification shall be in

effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently