1 Ref. No. IVL 007/08/2017 9 Aug 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

FKRMM’s consolidated financial statement for the 12 month ended January 31, 2017 (reviewed by KPMG)). In addition, FKRMM have 4 distribution warehouses in Malaysia, therefore, NDR has the potential to

At-Ze’s assets value by using Discounted Free Cash Flow Method-Free Cash Flows to Firm. Based on provision assumptions and reviewed on At-Ze’s performance, including future business plan, At-Ze passed

operating results of the company and its subsidiaries ended December 31, 2018, reviewed by the Company's auditor, the summary of revenue and profits detailed as follows. 2017 2018 Change Mio % Mio. % Mio

represented the appraised value reviewed by the independent appraiser. Page 2 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 In October 2019, SET announced that S was listed

normal business transaction is justified and will benefit the Company. Such Connected Transaction is considered at arm’s length basis. This transaction was considered and reviewed by the Audit Committee. 5

2019, has approved the financial statements and the operating results of the Company and its subsidiaries in the second quarter of 2019 ended 30 June 2019, which was reviewed by the Company’s auditor

the Company and its subsidiary for the three-month period ended 31 March 2018, which have been reviewed by the company’s authorized auditor. The company would like to clarify the operating results of

Interim Financial Statements the three-month and the six-month period ended 30 June 2018, which have been reviewed by the Company’s authorized auditor. The company would like to clarify the operating