resource management expense. As a result, the purchase of the shares will resulted in the Company be a 100% major shareholder in the company and being able to fully control the operations and management

Execution of the Transactions This represents renewal of the space lease agreements in continuation of the existing agreements to ensure continued business operations in respect of office building lease. 7

sum of the maximum service fees paid during the three-year contract term will not exceed Baht 784,330,344 or equivalent to 1.16% of the net value of tangible assets based on the consolidated financial

Commission  SorThor. 72/2543 Re: Period of Time for Securities Borrowing   27/12/2000 02/02/2001 9. Notification of the Office of the Securities and Exchange Commission  SorThor 42/2540 Operations Relating to

1 / 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 31 March 2020

36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management

both project sites and also head quarter office thus business operations can continue. Please be informed accordingly, Yours sincerely, …………………………………… Paitoon Gumchai Director and The Company’s Secretary

reasons are the decrease in cash and cash equivalents used in operations and transfer some of real estate projects under development to revenue from sales of real estate during the current period. Total

(10.72) 1.92 52.11 6.44 6.44 INCOME TAX INCOME 0.44 0.61 0.92 1.16 PROFIT (LOSS) FOR THE PERIODS FROM CONTINUTING OPERATIONS (10.28) 2.53 53.03 7.60 PROFIT FOR THE PERIODS FROM DISCONTINUED OPERATION

management. Based on the Company's financial statements for the 6 months ended June 30, 2020 Separate financial statements for the 6-month period ended on June 30, 2020 have a net profit of 5.98 million baht