and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis 3) Advertising income was Bt2mn, decreased 62.3% YoY

increase of 40.4% YoY, mainly from the increasing in kiosk usage and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis

% YoY, mainly from the increasing in kiosk usage and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis 3

-Carlton Residences, Bangkok is 13,507 million Baht. Thus, the Company determines to develop and transfer the on-going projects within one to two years. Moreover, the company considers pursuing further

Baht. The key reason was from the result of the transfer of 58 residences of MahaNakhon project in Q2 2018 which significantly increased as compared to the same period last year. The Company had total

8 บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2018 G Steel Public Company Limited Page 1/14 Management Discussion and

Transfer Date") 2) Related parties and relationships with the Company Buyer : VHE Bratislava Real Estate s.r.o. (“VBRE”) (as details in 3) Seller : Hotel AVION s.r.o. 3 Relationship with the Company : The

develop and transfer the on-going projects within one to two years. Moreover, the company considers pursuing further property development projects in accordance with the company’s financial position

the transaction 1. The Company will sub-lease land and lease Metropolis Office Building for the approximate period of 25 years, including the transfer of related movable assets that are necessary to

to transfer cost of land development to cost of sales. 3 Total Liabilities As of March 31, 2020, the company and its subsidiaries’ has total liabilities of Baht 1,490.81 million, decreased from the