(Translation) Page 1 of 2 No. CBG 053/2017 14 November 2017 Re: Board resolution and change of overseas subsidiaries’ capital structure To Managing Director Stock Exchange of Thailand Reference is

compared to the prior year. It resulted from the decreasing of gross profit margin, followed the declining of revenues. Net profit margin to total revenues was at 6.1%. Revenues The structure of revenues for

the Company for the purchase of RAM 28,000,000 shares 5.10 The value of the newly issued ordinary shares at Baht 2.68 5.11 Par value of Baht 5.00 5.12 Shareholding Structure of Dhipaya Bodin . 5.12.1

. Units and unitholders information 8. Management structure 9. REIT supervision 10. Social responsibilities 11. Internal control and risk management 12. Preventive measures against conflicts of interest

systems, the integrity of the company's financial position and information disclosure as well as shareholder engagement and communication.The SEC expects the board of directors will adopt and apply the CG

investments on the basis of integrity and prudence, exercise their knowledge and expertise as professional to ensure the full protection of investors’ interest, as well as provide proper and sufficient

basis of integrity and prudence, exercise their knowledge and expertise as professional to ensure the full protection of investors’ interest, as well as provide proper and sufficient information

prudence, exercise their knowledge and expertise as professional to ensure the full protection of investors’ interest, as well as provide proper and sufficient information disclosure to investors. It is thus

which continued to perform Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 2/7 well (+108.9% YoY

residential property as well as for a long-term investment. Before starting every project, we carefully selecte locations and requirement of our target buyers. Although overall economy is soft, the Company’s