in the Eastern Special Economic Zone (EEC) with plans to open a presale in 1Q20. ● Asset restructuring by selling assets in relation to the Dusit Thani Maldives hotel to DREIT is completed in 3Q19

and Equity of the Company. - Sale of Assets under construction to Free Zone in order to alleviate payment of import duty, VAT, Customs Duty & Penalty. This resulted in Loss from sale of fixed assets

/Intranet Zone ของธนาคารออมสิน และโครงการพัฒนาแพลตฟอรม์ดิจิทัลกลางเช่ือมต่อบริการ ประกนัสงัคมใหแ้ก่ผูป้ระกนัตนอยา่งเจาะจงของส านกังานประกนัสงัคม เป็นตน้ นอกจากนีบ้รษัิทฯยงัมีโครงการอปุกรณใ์หเ้ช่าซึ่ง ประมูล

cash so ownership of assets will be transferred to the person expected to be a buyer. 2. Transaction parties Seller : Bangkok Post Public Company Limited Expected Buyer : The Company may sell each asset

Company started trading its newly issued stock on 15 February 2017. Issued and paid-up share capital Ownership interest 30 June 2017 30 June 2017 Name of the entity Type of business Baht % 80.00 99.27 Car

NNP attributable to owner of the parent remained at 59.1% which is in line with economic ownership that we have in the operating projects. 4 2. FINANCIAL PERFORMANCE 2.1) Revenue structure 6M'2016 6M

revenues arose from the followings; I Property Business: the Company will be able to recognize revenues only when the construction is completed and the ownership of such construction project has been

the transfer of the land ownership. 5. Transaction Size and its consideration The basis for classes of transaction regarding acquisition and disposal of assets are as follows: Criteria based on Net

followings; I Property Business: the Company will be able to recognize revenues only when the construction is completed and the ownership of such construction project has been transferred to the customers

of Bio-Based products such as Ethanol and Biodiesel. BCP will hold a 60% share in the newly formed company and KSL will have 40% ownership. 10 | Management Discussion and Analysis of Business Operation