been as expected while the current take-up rate was circa 95%. Significant Events Previously, the Company’s Board of Directors approved the initial public offering (the "IPO") of ordinary shares of S

properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting

December 2017 Increase/(Decrease) position MB % MB % MB % Current assets 1,003 31.5% 1,348 31.6% 345 34.4% Non-current assets 2,182 68.5% 2,912 68.4% 730 33.5% Total assets 3,185 100.0% 4,260 100.0% 1,075

+/(-) +/(-)% Assets Cash, Cash equivalents and current investments 138.76 122.84 (15.92) (11.47%) Trade and other accounts receivable 1,117.59 1,369.02 251.43 22.50% Other current assets 82.73 76.75 (5.98) (7.23

due to delay of project and delivery. 3. An increase in other current assets at amount of Baht 37.57 million due to withholding tax of investment in machine of the Company’s subsidiaries was on

residential condominium project and the other one is a single house project as mentioned above. 4. Non-current assets increase 892.11 million THB or 25.25% i.e. from 3.53287 billion THB to 4.42498 billion THB

expiry of safeguard on alloy steel, and strengthening of Thai Baht, and the current out break of COVID-19 has led to continuous decline in domestic steel prices from second quarter of 2019 and impacted the

ASSETS BREAKDOWN 31 MARCH 2020 30 JUNE 2020 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and current investments 1,216 13.2% 1,099 12.5% Trade & other receivables 641 7.0% 631

current investments 1,216 13.2% 1,200 13.2% Trade & other receivables 641 7.0% 574 6.3% Investment in joint venture and associates 2,129 23.2% 2,264 25.0% Property, plant and equipment 877 9.5% 878 9.7

and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company