from total asset of THB 14,376.4mn as of 31 December 2018. The decrease was primarily attributed to 1) the decrease in leasehold right net of investment in joint venture increased THB 93.8mn due to the
contracts and gain from the disposal of ordinary shares in joint venture companies • EBITDA stood at THB 33mn (down 74.9% YoY) largely as a result of the increase in unrealised loss on exchange rate. EBITDA
) 430,000 200,000 14,000 14,000 (79,893) +23.3 0 0 0 +7.4 Total 672,207 578,107 +16.3 Investment in associated company The Company has entered into a joint venture agreement with Otani (s) Pte. Ltd to set up
of the previous year. The increase is owing to the increase in the profit of Hongsa Power Company Limited, a joint venture, in a portion of 40 percent. In addition, the acquisition of RATCH
level. However, according to the board's resolution No. 5/2020, held on 23 April 2020. The company has informed the joint venture of J Fintech subsidiary with KB Kookmin Card. The Company must comply with
%. This is because Campana Group Pte. Ltd. (a joint venture of the Company's joint venture), which was in the beginning of the business, had a loss. In addition, the Campana's project was delayed longer
to CPNREIT to consider the extension of the leasehold of CentralPlaza Rama 2. • The joint-venture agreement to run a co-working space business in Thailand with a total of 3 joint venture parties
shares will be done by the Company jointly with Mr. Niti Nerngchamnong as per required by condition set forth in negotiation between Hero Venture International LLC., the Company, and Mr. Niti Nerngchamnong