(43.85) (7.31%) 1,796.58 1,746.84 49.74 2.85% 2. ECONOMIC SITUATION Thailand economic situation in Q3/2019 in Central and Eastern area were contracted as the same period of 2018 due to global economic

growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to

the land of 7 title deeds with connection of one. Total area is 1-1-62 Rai (562 Square Wa). The lands are located on Tumbol Bangpongpang, Amphor Yannawa, Bangkok which are next to the Rama 3 Road, on

tourism sector characterized by an increase in foreign inbound tourists, especially from China due to more available direct flights to Thailand and Europe due to the Easter holidays at the end of the period

.) growth in private consumption supported by higher household income in both agriculture and non- agriculture sectors along with recovering consumer confidence; 2.) solid performance in the tourism sector

economy has been pressured from number of factors, namely 1.) Tourism sector was shrinking from travel restriction measures to control the pandemic resulting in lower both local and foreign tourists 2

of COVID-19 pandemic situation, the Company has strictly complied with the announcement from government sector limiting risk area to protect the pandemic situation therefore, we temporary closed

COVID-19 pandemic situation, the Company has strictly complied with the announcement from government sector limiting risk area to protect the pandemic situation therefore, we temporary closed shopping

sluggish effecting from Trade War which impacted the global economic sentiment. However, the Thai economy is attributed mainly by number of factors, namely 1.) Growth in Tourism sector particularly in 2H19 2

recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals in almost every nationality especially