that Mr. Charoen Sirivadhanabhakdi is the controlling person of SSNL who provides funding for SSNL’s tender offer of SSC shares, Mr. Sakchai Thanaboonchai certified the completion and accuracy of the

661 6664-5 www.indoramaventures.com Ref.No.IVL001/01/2020 6th January 2020 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of the Integrated Oxides and

significantly higher than the estimate at the time of completion of acquisition, such increase being largely attributable to higher labor costs prevailing in the gulf coast region. The Board of Managers of CCP

: Executive Summary The operating results of the first quarter of 2019, for the three-month period ended March 31, 2019 (“Q1 2019”), the Company generated total revenue of 794 million Baht; or decrease of 36

are as follows: Executive Summary The operating results of the third quarter of 2019, for the three-month period ended September 30, 2019 (“Q3 2019”), the Company generated total revenue of 221 million

Margin -17.27% -1.18% Net Profit Margin -98.99% -121.11% Debt to Equity Ratio (Time) (16.47) 3.18 Total Expenses Summary of the Annual Operating Result as ended 31 December 2019 Construction Income In 2019

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

Page 1 of 7 Management Discussion and Analysis 2Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 2Q19 total revenue of THB 2,355m, increased by 147% YoY. 300

between the price of the infrastructure assets and the appraisal price (if any); (c) fact sheet of the agreement that facilitates the acquisition of the assets of an infrastructure business; 3 (d) summary

equivalent to approximately Baht 3,522.00 million. Prior to the completion of the Company’s investment, SGAH is required to complete an internal group restructuring. After such restructuring, SGAH Group will