Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

while it had THB 137.76 million of revenue from about 41 rai of land transfer in 2018. ▪ In 2019, revenue from infrastructure service increases due to 4 newly operated factories in Gateway city industrial

expense related to legal disputes of Gateway Development Co., Ltd. recorded in Q1/2018. ▪ An increasing participating profit from investment in associated companies and joint venture in Q1/2019 compared

subsidiary as a result of board meeting 6/2019 on August 14th, 2019; approval on acquisition of Glocon International Company Limited (Formerly known as Siam Gateway Company Limited) shares from all other

Section 105 Securities and Exchange Act B.E. 2535 Section 105. A securities company shall prepare its accounts stating true and accurate business operation and financial condition, which must conform

from the repayment of fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also repayment under the rehabilitation plan of Gateway Estate Co., Ltd. to MDX for

than191,742,674 shares will be equivalent to Baht 460,182,417.60. The Transaction on the Allocation of the Ordinary Shares for Payment of Shares of KPN Academy is a condition to enter into the Transaction on the

Investment in Siam Gateway Co., Ltd. 24.50 1.88% calculated based on the total value of consideration basis 16 July 2019 Joint investment in food business expansion with Shanghai Kinghill Company Limited 5.03