financial institutions which are sufficient to complete the projects and is expected to transfer the ownership to its customers as well as recognize revenues in the second half of the year 2019. Windshell

revenue of THB 423.6mn. This represented a decrease of THB 1,039.0mn or 71.0% YoY. Of which, THB 366.4mn or 86.5% of the total revenue was revenue realization from sales of real estate (transfer ownership

platforms: LINE OA, Lazada and Shopee to provide convenience for customers at all stages related to real estate transactions. For example, researching, booking, checking the room and transferring ownership

require 237 million baht in investment in: ownership of land, long term land rental (for the source of untreated water), infrastructure and machines required to carry out the business. To engage in long

ownership of the ESSE Asoke starting from Dec’2018 and Banyan Tree Residences, 2018 residential revenue was 3,974 million Baht, increased 66% YoY. As of 31 December 2018, the Company’s residential projects

house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences

THB 1,264m, grew by THB 948m or 300% YoY. Transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Page 3 of 7 Management

% ownership in the project. This collaboration will enhance Central Village’s position to be the top luxury outlet destination in ASEAN. Asset Enhancement Initiatives Continues the renovation of existing malls

costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared significant professional resources. The related parties or

and (b) have a clear objective to share profits and costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared