for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of

with truth in all respect. It is created with prudence and caution concerning to the benefits of shareholder at most. This Information Memorandum is created on the purpose of information distribution

structure management. It has to be flexible in times of economic turmoil and financial costs must be maintained at appropriate level. In addition, the financial policy must be implemented with caution and the

risk (Stage 3) was 5.6% decreased from 5.8% at the end of previous year, mainly from caution on new loan under the third wave of COVID-19 situation and some of the customers able to repay and accelerated

year. For default receivables in credit risk (NPL Stage 3) was 5.2% decreasing from 5.8% at the end of previous year, mainly from caution on new loan under the third wave of COVID-19 situation and

% decreasing from 5.8% at the end of previous year as a result from caution on new loan and customer’s relief measures from COVID-19 situation. In the end of fourth quarter of 2021, the consolidated coverage

that we can hear feedback from our targeted consumers before leveraging our mainstream operation. We targeted these launches in selective channels, especially e-commerce, sport venues, fitness centers

selective expansion of new service areas with due consideration to demand and return on investment. At the same time, we will also put focus on increasing capacity utilization in the existing coverage areas

, (iii) development of our high potential properties to become income generating assets and (iv) selective asset divestment of matured or strategically unaligned asset. So far, the Company has disposed of

(iv) selective asset divestment where assets are matured or strategically unaligned. To achieve the plan above, one of the most important elements is people. The industry has been disrupted fast and