last year. Selling and administrative expenses (including research and development – R&D) in Q1’19 went up 16.7% from Q1’18 and keep close to Q4’18 due to the R&D and sales force invested in order to

increased 0.3 million baht, the Real estate development costs decreased 5.0 million baht. (1.2) Non-Current Assets As at March 31, 2019 non-current assets amounted 807.1 million baht, decreased 3.3 million

ที่ บช NO. AC. 002/2019 15 May 2019 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development Plc

Listed Company B.E. 2560 (2017) dated 2 October 2017. The divestment in YLP is one of the financial restructuring plans. The Company also has the existing businesses which are property development i.e

grow up together with the property development business which is the company's main business. The company believes that Internal Rate of Return (IRR) is 8.47% per year. 10. The Board of Directors

is a business that can grow up together with the property development business which is the company's main business. The company believes that Internal Rate of Return (IRR) is 8.47% per year. 10. The

Vehicle Solutions after a short period drop down in Q2 Selling and administrative expenses (including research and development – R&D) in Q3’20 still keep close to Q3’19 and Q2’20. Operating profit in Q3’20

research and development – R&D) in Q1’20 keep close to Q4’19 and Q1’19 contribute from the squeezed of Admin and Selling expenses together with the boost up of R&D workforce especially in Europe in order to

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transaction. 2. Approved the Company to pay an amount of Baht 13,200,000 to Namchai Property Development Company Limited for the 30-years lease, planned to completely register the leasehold within the 1st