raising complete the Company expected to Management Discussion and Analysis Q1/2019 Page 4/4 JAS Asset Public Company Limited reduce it interest expense and re-balance its the capital structure to fit with

institution. 10. Other Prerequisite Conditions for the Acquisition of Assets By entering into the Share Purchase Agreement mentioned above, both parties have the obligations under the agreement to complete

products. The company has plan to invest in the additional machineries to produce new product ranges to fulfill market needs. These new products will complete our product portfolio in metal packaging

number of complete condominium projects compared to the same period of 2018. As a result, this interest expense could not be capitalized as part of the project cost. 4) Income tax expenses in the second

18,253,248.40 with the interest of 7.5 percent per annum starting from June 15 , 2015 until the repayment is complete. However, the Company feels that the court misinterpreted the legal issues and facts

and waiting for the permission to use the landfill. Secondly, a recycling plant in Lampoon is expected to be complete the construction in November 2018. Lastly, a waste water pre-treatment plant is now

these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of

that the debtor should repay the Company in the amount of Baht 18,253,248.40 with the interest of 7.5 percent per annum starting from June 15 , 2015 until the repayment is complete. However, the Company

name of the umbrella fund ________________________________________________________________________ 1 Legal entity refers to the legal form of Thai CIS. CIS in Thailand is set up as a legal entity

, sign and/or execute any documents that related to the transaction in order to the complete the objectives. The details of the transaction are as follows: Date of Transaction : 8 November 2019 Company