liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost

negotiation and agreement between the Company and the Sellers and is mainly determined by evaluation of capacity to generate income and profits to the Company in the future (Discounted Cash Flow) by referring

of cash inflow from sales and services, offsetting with cash outflow for expenses and income tax payment • Cash inflow from financing activities Baht 1,820 million consisted of proceed of short-term

of cash inflow from sales and services, offsetting with cash outflow for expenses and income tax payment  Cash inflow from financing activities Baht 1,820 million consisted of proceed of short-term

. The Board of Directors Meeting has considered and approved as follows: 1. Asset Disposal Transaction of the Company Whereas the company aims to become a leading company in the real estate industry and

become a leading company in the real estate industry and other relating businesses, by striving to grow sustainably. The company has foreseen the potential of “Nomura Real Estate Development” (NRED) – one

risk factors that are specific to the issuer and its industry and had materially affected or could materially affect, directly or indirectly, the issuer’s financial position and results and business

. Pin Kewkacha 2) Mr. Kittikorn Kewkacha and 3) Mr. Somwang Kewkacha, whom are extensively experienced and expertise in the design and management of theme park and understand the local tourism industry

industry well, for the entire Business Design of Carnival Magic Project. In return, Carnival Magic has paid for such services in monthly installment for 7-month period in total of THB 73.50 million

Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of