group – one of the largest Japan’s property developer - to jointly invest in the residential project “EYSE Sukhumvit 43” – our first low-rise luxury condominium on Sukhumvit 43 road– value of Bt 1,931mn 2

current assets of Bt6,640 million; property, plant and equipment of Bt8,918 million net; intangible assets of Bt258 million; contract costs of Bt232 million: investment property of Bt161 million; goodwill

Value per share as of June 30, 2017 adjusted by market value of assets type property and investment in listed companies as of October 24, 2017 0.38 Price per Book Value of 2 companies that is similar to

2017 Increase (Decrease) % Net Assets 6,774,631 6,229,084 545,547 8.75 Net Liabilities 1,943,799 1,365,377 578,422 42.36 Shareholders’ equity 4,830,832 4,863,707 (32,875) (0.67) Assets As at 30 September

percent due to an increase in revenue, resulting in more receivables. However, such debtors are debtors with normal repayment ability. 1.2 Property, plant and equipment as at December 31 , 2018 and December

total assets increased by Baht 855.33 million, largely attributable to increase in inventory, property, plant and equipment and right of use assets. Total liabilities decreased by Baht 214.46 million

expenses in the second quarter of 2020 is 14.0 million baht increase from the 2nd quarter of year 2019 3.7% And for the 6 months of 2020 is 26.4 million baht or a percentage decrease 2.4%. Most of the

below the target mainly due to on-going cautious household spending due to high household debts and slow economic recovery. Furthermore, the number of restaurants continued to increase from both existing

business of 1,473 million Baht (25% of total revenues from property business); significantly increased by 326% as compared to the year 346 million Baht. The significant increase was primarily due to the

31 South Korea - 2 2 Singapore - 3 3 Kuwait - 1 1 UAE - 1 1 Philippines - 2 2 Total 38 26 64 5 2017 MD&A: PACE Development Corporation PLC. For property business, the increase in selling expenses