in Chonburi and Korat; the Anantara Chiang Mai and Avani Khon Kaen hotels; a service apartment in Chiang Mai and Park Ramindra condominium. MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 14 AUG 2018 U CITY

for 14 condominium projects jointly developped with Sansiri Public Company Limited, in the amount of Baht 13,5000 million approximately, and for other joint venture projects in the future in the amount

. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential

Baht) Revenue (Million Baht) Revenue (Million Baht) 31 th -Dec-17 31 th -Dec-16 31 th -Dec-17 31 th -Dec-16 Revenue from sales of real estate 1,314.41 553.18 1,314.41 553.18 761.23 137.61 Condominium

following reasons; - Sales of units in condominium projects increased by 2,043.43 million baht or 73.46 % from 2,781.83 Million baht in 2017 to 4,825.26 million baht in 2018 due to the transfer of new 4

Co., Ltd.) and sales of condominium units in Hat Yai amounted to Baht 27.28 million, which began in Q4. Currently, the Company has three property development projects: • Lamphun Industrial Estate

the Company incurred property development cost of the condominium project, Newera Condominium. Prepared during the delivery to customers who reserve. Liabilities & Shareholder’s Equity As for the period

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: + 662 273 8838 F: + 662 273 8858 www.ucity.co.th Ref. No. U.SET 019/2017 October 30, 2017 Subject: Entire business transfer of Unicorn Enterprise Company Limited, capital increase, issuance of the U-W3 Warrants and U-W4 Warrants, issuance and offering of the newly issued preferred shares to be issued and offered to the existing shar...

be informed that Land and Houses U.S.A., the company’s 100% owned subsidiary, has acquired the Revere, an apartment building in Campbell, California, USA with following details: 1. Contract parties

million, a decrease of Baht 100.93 million or 94.39% This year, the main income from the sale of condominium units. While in the previous year, the revenue generated from the project that was already sold