ordinary shares on the Stock Exchange Of Thailand (the “SET”) (the “Spin-Off Plan”). The proceeds of which will be used for the purpose of financial and business restructuring, business expansion and working
considering more expansion of F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 65/2019 from Bank of Thailand, 6 November 2019
. In 3Q18, the Thai economy extends its growth momentum following the GDP expansion by 4.6% in 2Q18. The growth is attributed to a number of factors, namely 1.) strong export growth despite a slight
cinema, a lifestyle-themed food center called Food Empire, and more than 365 shops and restaurants to complete every lifestyle preference. The occupancy rate at the end of 1Q19 stood at 50% as SOGO
complete its consideration on the request under clause 4 within fifteen working days as from the date the Office has notified the management company in writing that the Office has received complete documents
related with the management company. Clause 6. The Office shall complete its consideration on the request under clause 4 within fifteen working days as from the date the Office has notified the management
bonus payments to employees and executives for the year totaling 20.64 million baht. In addition, trade and other receivables increased by 18.36 million baht (due to many business expansion) and
are expected to transfer in 2019 and 2020. While the MahaSamutr Country club project is undergoing a minor redevelopment, which is due to complete in 2019 Nimit Langsuan and Windshell Project: Nimit
complete in 2019 Nimit Langsuan and Windshell Naradhiwas Project: Nimit Langsuan and Windshell Naradhiwas projects are in the process of construction as planned. Also, the Company received credit facilities
of 256 million Baht. The remaining villas are expected to transfer in 2019 and 2020. While the MahaSamutr Country club project is undergoing a minor redevelopment, which is due to complete in 2019