December 2019 due to the operating result of the Company and its subsidiaries in the year 2020 showing net loss Baht 156 million which resulting in a decrease in shareholders’ equity. Yours sincerely

possible. • Finance Cost Q2/2017, the Company and its subsidiaries have the loan interest 6 MB increased from Q2/2016 in the amount of 2 MB which is the result of the Company maintains foreign currency in

Cost Q3/2017, the Company and its subsidiaries have the loan interest 21 MB increased from year 2016 in the amount of 2 MB which is the result of the Company more maintain foreign currency in FCD account

21 MB increased from year 2016 in the amount of 2 MB which is the result of the Company more maintain foreign currency in FCD account and manage the capital circulation in short-term liquidity

increased by 178.8 MB or 101.1% y-o-y as a result of the Company recognized loss from impairment of Goodwill of 124.8 MB, loss from impairment of Trademark of 12.1 MB and loss from impairment of leasehold of

Baht 2,556.62 million, compared with Baht 2,510.53 million as at December 31, 2018. Increased by Baht 46.09 million as a result of subsidiaries company has invested more molds for producing minibus

result, the Company recorded net Loss of 996 Million Baht. Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan

debt to total equity ratio of the Company was due to the ability of revenue recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company

2018 and Annual Report of the Board of Directors in relation to the Company operating result in respect of the year 2018, which is subject to the approval of the Annual General Meeting of Shareholders No

the past year and was not consulted or informed whenever the debt collection was due but not paid. As a result, the Company made provisions for doubtful accounts the amount of which only expected to