concerning information disclosure of property funds, infrastructure funds, infrastructure trusts and REITs Bangkok, April 29, 2016 ? The SEC is seeking public comments on draft rules concerning guidelines for

is decrease by 10.15 Million Bath or down by 39.49% 3 Real Estate Costs For the three-month period of 2020, the Company had the cost of property sales of 157.92 million Baht or 67.59% of the revenue

first quarter of 2018, the Company had the cost of property sales of 241.21 million Baht or 70.71 percent of the revenue from the sale of real estate. Meanwhile, the cost of sales of real estate of the

quarter of 2019, the Company had cost of property sales of 271.65 million Baht, or 61.24% of the revenue from sales of real estate. At the same time, the cost of sales of real estate was 241.21 million Baht

internal control and fund management and proposed AIMC to set up practices concerning internal control and management of property funds to prevent leakage of benefits that should have been given to

. Income from sales of townhouses amounted to 17.19 million Baht, a decrease of 40.66 million Baht or a decrease of 70.29%. Real Estate Costs In 2018, the Company had cost of property sales of 1,765.11

the following reasons Exhibit 2: Revenue Breakdown 2018 – 2019 Revenue from property development business • Revenue from property development business of Baht 469.2 million decreased from 2018 by Baht

property interests etc. 2 https://www.sec.or.th/EN/Documents/Auditor/ethical.doc Privacy Policy capital increase of a property fund: The authorized signatories of the management company. Approval for the

Complex, amounted to Bt1,530mn, upon a transfer of office space at Singha Complex to an anchor tenant in December, as mentioned previously. Residential and commercial property businesses were the Company’s

services of the 52%-owned NVD. The initiative to expand residential business to landed property took place in April 2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company