advance. As of 30 September, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.39 times as a result of lower debts and higher equity. Shareholders' Equity As of 30 September, 2017

quarter of 2017, amounting to THB 4,185 mm, which carried higher interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 464.3

institutions by Baht 777.3 million, increased of dividend payment by Baht 31.3 million and increased of interest payment by Baht 4.6 million. Please be acknowledged for your information. Sincerely Yours

payable decreased by Baht 34.7 million - Paid for interest of Baht -7.0 million - Paid for income tax of Baht -0.2 million 2. Cash flow from investing activity, net cash used in Baht 0.5 million has essence

essentially due to the one-off gain and dividend income of Thai Wah Public Company Limited totaling Baht 373 million when it was transferred from other investment to investment in associate in 2016 which was

increased of short-term loans from financial institutions by Baht 145.0 million, increased of long-term loans from financial institutions by Baht 1,219.3 million, decreased of dividend payment by Baht 31.3

management fee and interest income. Administrative Expenses The Company and its subsidiaries had Administrative Expenses of Baht 1,984.82 million, decreased by Baht 146.44 million or 6.87% from last year

subsidiaries have the total shareholder’s equity valued Baht 7,427.4 million, as compared to the 2018, Baht 8,468.0 million, decreased Baht 1,040.6 million, due to net loss from operating and dividend payment

of interest expenses in construction completed projects. For the separate company financial statement, the company would like to inform total revenues 531.26 million baht and net profit 28.67 million

loans from financial institutions by Baht 285.6 million, decreased of interest payment by Baht 9.4 million and decreased of dividend payment by Baht 78.4 million. Please be acknowledged for your