and inventories awaiting to transferred at a total value of 14,697 million Baht. The pending amount are to be recognized as planned. 1. As of 30 September 2019, Details and progress of the Company’s

awaiting launch in the second half of the year, consisting of 4 condominiums and 8 housing projects, with a total value approximately 16,700 million baht. There are 12 projects, which the total project value

the first half year. The Group have 12 projects awaiting for transferred activities in the second half of the year which the total project value over 17,100 million baht including 2 joint venture

Street Furniture media under 22 BTS stations allowing MACO to offer higher visual impact advertising and more creative content for brands. Street Furniture media has already started commercialisation in

digital billboard and revenue from creative production. THB (mn) 1Q 2017 1Q 2018 YoY (%) Operating revenue 190 290 53.1% Cost of sales 89 109 22.9% Gross profit 101 181 79.7% Selling, general

and buildings awaiting development -Long-term loans from financial institutions due within one year -Obligations under finance leases current portion due within one year 50,000 75,746 21,984 17,528 338

3,137mn, from the assumption of a 50% stake in the joint venture with Sansiri, Keystone Estate joint venture and Keystone Management joint venture, (iv) an increase in land and project awaiting development

and project awaiting development of THB 1,918mn, largely from land plots acquired in the EBT of UE last quarter, (v) an increase in restricted deposits of THB 1,587mn, as collateral for loan from a

increase in investments to joint-ventures of THB 3,005mn (Sansiri JVs and Keystone JVs acquired); (iii) an increase in land and project awaiting development of THB 1,918mn (largely from land plots acquired

, (ii) increase in land and project awaiting for development from acquisition of a new subsidiary (BSH15), and (iii) the depreciation of the Thai Baht that affected the Company’s foreign assets. Current