1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited
(for three-month period ended 31 March 2020) 6 U CITY PCL RESIDENTIAL SEGMENT JV WITH SANSIRI: PROJECTS EXPECTED TO TRANSFER IN 2020 JV WITH SANSIRI: TOTAL PRESALES BACKLOG Project Presales Backlog (THB
Planning, Real Estate Valuation, Project Feasibility Analysis, or Real Estate Loans, or having worked as Fund Manager of Fund for Solving Financial Institution Problems for a total period not less than three
appropriate within the specified period. If the applicant fails to comply or proceed as required, the Office shall deem that (Translation) -4- such applicant does not intend to apply for an approval to be
Consolidated Financial Statement of the Company for the period ending 30 September 2017, which is the highest transaction value calculated by applying the first calculation basis, i.e. Net Tangible Assets (NTA
and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand
auction process and has started the auction process since 14 September 2018. The period for auction process has been scheduled during 14 September 2018 to 13 October 2018, and Modern Street determined the
business, e.g. hotels, serviced apartments, office buildings for rent. The investment budget for the project is approximately THB 2,975,870,000 (the “Lease Transaction”). In this regard, the said Lease
same period of last year. Major factors to drive the result in this quarter were the closure of Dusit Thani Bangkok lower new profit by THB 25 million, the net loss of THB 14 million from the new