. Sincerely yours, Mr. Opas Sripayak Chief Executive Officer and Managing Director -Translation- 2 Information on the Establishment of a Joint-Stock Company of L.P.N. Development Public Co., Ltd. The Board of

% % Revenue from hotel operations 279.41 68.61 284.71 51.49 (1.86) 646.47 71.23 666.78 49.31 (3.05) Revenue from property development operations 89.64 22.01 254.35 46.00 (64.76) 204.60 22.54 658.55 48.70 (68.93

) translation adjustment of Baht 121 million. Yours Faithfully, (Mr. Prajak Jangsangtong) Chief Financial Officer PACE Development Corporation Public Company Limited

leads to product development and finally expanding company business, increasing sales growth and profit return in the future Please be informed accordingly. Yours Sincerely, (Mr. Suchat Mongkhonaripong

relation to a project development under BMP-8 and ii) write-off project in progress of THB 0.42 million. The Group Company had terminated the development of three renewable energy projects in Japan because

times as compared to 8.9 times in 2017. Please be informed accordingly. Yours Faithfully, (Ms. Natha Kittiaksorn) Chief Financial Officer PACE Development Corporation Public Company Limited

Limited (“Company”) entered into an agreement with WHA Hemaraj Nghe An Joint Stock Company (“WHA Hemaraj Nghe An JSC”), an indirect subsidiary of WHA Industrial Development Public Company Limited (The

property development projects in accordance with the company’s financial position. MahaSamutr Project: The construction in progress of MahaSamutr Villas are 95% completed. In 2018, the Company transferred

terms of land purchase for project development are inconclusive and (2) write-off of work in progress as SAAM Energy Development Public Company Limited - 4 - SAAM Group terminated development in certain

. Total revenue from sale of goods in the number of 2,382.38 million Baht was increased by 23.74 million Baht or 1.01% from Q1 of the previous fiscal year. The sale growth rates compared to the Q1 of the