the signing between HHC and WCIG had been completed and further progress shall be informed to SET accordingly. Opinion of the Board of Directors on Doing the Transaction The Board of Directors

subsidiary have sold total of two pieces of land. For projects, the company is developing, has delayed. However, these projects are on a good progress. First, the non-hazardous waste landfill is now completed

piling works with the plan to be completed in June and December 2020, respectively. Residential project sales is planned to started around mid-2020. Sales gallery and mock-up rooms are on progress and to

distribution of electricity to other areas. 3. Loss from valuation of real estate project inventories of the Townline project which are all projects of the company, the project began in 2016, completed and sales

(completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall production was

Avgol (completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall

only 6 ongoing projects and no any additional awarded one. During the 1st quarter, one project had been completed whereas another 5 remaining ones have been under construction to be completed within this

been completed in 2019. Investment project on hand as ended 30 June 2020 The progress of 2 ongoing investment projects are as follows: 1. Water Supply Investment Project for Chiang Mai Municipality: It

ACC6207/003 25 July 2019 Subject Inform the progress of the sale stock in the subsidiary company To Director/ Managing Director The Stock Exchange of Thailand Refer to the company's letter No

Value * Cost Approach 228,447,600 Baht Income Approach 397,954,855.72 Baht Cost Approach 62,663,815 Baht Income Approach 45,856,719.89 Baht 3.Project Progress Completed Construction 90 % and partial