a development project of tourist facilities on Emboodhoo Lagoon in the Republic of Maldives (“Crossroads”), by acquiring interests in a separated head lease, which covers three resorts and an

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Growth continued both revenue and net profits, attributed to efficient

Rayong shopping malls, are under construction. The construction progress Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 9 of 10 Table 3: Projects under development

; and (b) reports on the asset value, unit value and progress of the development of the principal assets shall be in accordance with Part 3. (3) cessation of duties under this Notification shall be in

transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress, tentative transfer in 3Q19), and ‘The ESSE Sukhumvit 36’ (46% sales progress, tentative transfer in 3Q20) – are under development

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

of both Samaedum and Map Ta Put factories, especially Map Ta Put factory had to delay the service in August and September. The maintenances have finished and both factories are now ready to receive the

newly share capital of 58,000,000 shares completed and registered at Department of Business Development, Ministry of Commerce. If such capital increase is finished, the Company will informed accordingly 5

Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from

a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and