climbed up to 20 cent/lb then dropped sharply to 14 cent/lb during last quarter of the year due to funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company

funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11

income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used the valuation results to recognize an investment amount of Baht 8,231

with the business model and management of the company’s assets and liabilities, based on the facts and situation as of the date these financial reporting standards were initially adopted. 1

Instruments The Company reclassified of financial assets and financial liabilities to be consistent with the business model and management of the company’s assets and liabilities, based on the facts and

shareholders of the securities companies, as follows: (1) major factor which is the facts that the Office give more weight than other facts in considering, as follows: (Translation) -2- (a) the scope of effect

shareholders of the securities companies, as follows: (1) major factor which is the facts that the Office give more weight than other facts in considering, as follows: (Translation) -2- (a) the scope of effect

/2018 dropped by Baht 80 million or 37% from Q3/2017 because of the accounting adjustment of revenue from Availability Payment (AP) in 2018 according to TFRIC4. The forecasted revenue from Availability

Notification stating otherwise. Clause 5 The prospectus shall comprise three sections as follows: (1) Fact sheet; (2) Fund facts; (3) Certification of accuracy and completeness. Clause 6 The particulars and

revenues, excluding some categories of revenues that have already declared in the hotel management advisor agreement will be around Baht 7 Million per year. The remuneration is calculated from forecasted