shareholders and upon certain conditions precedent under the share purchase agreement have been fullfilled. Currently, the status of the project is pending for the construction license approval process of the

obligated to get approval from the Board of Directors and disclose the information to the Stock Exchange of Thailand. 5. Particulars of related person As of December 31, 2018, EKH is a major share holder of

= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

per share, equivalent to not less than 57.52 percent of total number of sold shares of KPN Academy, at a price of Baht 30.787 per share, equal to the total number of not less than Baht 460,182,417.60

were part of a certain number of assets to be disposed, which received shareholders’ approval at the EGM held on 4 January 2018 MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019 U CITY PCL 2018 MD&A (for

closed to share transfers in order to determine the right to attend this meeting from _____ until the meeting has been duly convened. 4. Approval of the capital increase/share allotment by relevant

amount of share purchase price and Director’s Loan at the time of such ownership transfer shall be still in the limit of THB 315,000,000. After obtaining approval from the Board of Director of the Company

a par value of Baht 100 per share, in order to enhance KTMS’s business potential. The Board of Directors approved a resolution to subscribe for the newly issued share, in the total of 148,626 shares

) Total comprehensive loss for the period (63.67) (61.60) (2.07) 3.36 Non-controlling interests (4.30) (3.39) (0.91) 26.68 Equity holders of the Company (59.26) (57.72) (1.54) 2.67 Basic loss per share

shares of 81,200,000 shares at Baht 0.25 per share; and to allocate the ordinary shares increase by General Mandate for 81,200,000 shares at Baht 0.25 per share by offering to the existing shareholders