Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Third Quarter and Nine-Month Period Ended 30 September 2017 1. Q3/2017 Highlights Figure 1

is equal to 20,232,502. 50 Baht within 21 November 2017 the third installment payment which is 161,860,020 Baht will be paid not over than 28 February 2018. Other condition : In case the property’ s

November 2017 the second installment payment is equal to 20,232,502. 50 Baht within 21 November 2017 the third installment payment which is 161,860,020 Baht will be paid not over than 28 February 2018. Other

the third person deposited as collateral for the benefits of the client. The securities company must record the name of the third person who is the owner of the assets under an asset account of the

receipt or payment of the assets; (2) amount and category of the assets; (3) the cause of receipt or payment of the assets. In case where the assets under the client’s account belong to the third person

quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the first quarter of 2018 and then decreased again in second quarter of 2018 to first quarter

and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the first quarter of 2018. Thus it will become more challenging for the

to complete the shares purchase agreements and/or other related agreements signing (if any) and receive all assets payments from all parties involved within the third quarter of the year 2018. 2

since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the first

Acquisition and Disposal”), representing the maximum transaction value of 11.01 percent calculated based on the third calculation basis i.e. the Total Value of Consideration Basis based on the Consolidated