throughout the possession of such property. Sufficient insurance under the first paragraph shall at least cover property insurance and liability insurance. Clause 17 The essential covenants in part of money

Financial Position (Baht million) Ending 31 December 2014 Asset 187,259,179.48 Liability 129,901,464.99 Register Capital 45,000,000.00 Equity 57,357,714.49 Project Detail Residential Condominium which

นิยามหนี้สินพิเศษเปน “หนี้สิน และภาระผูกพันที่มีกําหนดระยะเวลา ชําระคืนเกินกวา 1 ป และบริษัทไดมี การนําสินทรัพยไปวางประกันไวเต็ม จํานวนกับเจาหนี้แลว (secured liability)” จึงจะนับเปนหนี้สินพิเศษได

AC2802/2018 February 28, 2018 Subject: Management Discussion and Analysis for Year2017 To: Managing Director The Stock Exchange of Thailand The company would like to report the operation results for

showed a loss of Baht 275.46 million. Signature___________________________ (Mr.Supawat Sa-Nguan-Ngam) Position Managing Director Authorized to sign on behalf of the company

million Baht compared with net loss of 1.96 million Baht in the same quarter last year. Best regards, Sawai Chatchairungruang Managing Director

Tohtubtiang Managing Director 13.87 % (69,407,700 shares) 2. Ms.Malika Maitreepirom Director 0.07 % (35,000 shares) 7. Connected people who are the directors of the board of committee did not vote in this

Tohtubtiang Chief Executive Officer 0.99 % (5,000,000 shares) 2. Mr.Kraisin Tohtubtiang Managing Director 13.87 % (69,407,700 shares) 3. Ms.Malika Maitreepirom Director 0.07 % (35,000 shares) 7. Connected

liabilities and shareholders’ equity increased 2,062.36 million baht or 6.09% and 363.54 million baht or 6.46% respectively. Please be acknowledged Your sincerely, ( Mr. Boonchu Wongpakdee ) Deputy Managing

average Total Assets Return on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director Financial Ratios Q1 2018 Q1 2017 Gross profit margin 23.9% 22.4% Net