ที่ บช NO. AC. 004/2017 13 November 2017 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

estate by a REIT shall include such acts for the leasehold interest of the real estate; 7 (2) [i] the lease shall include permission of utilising area with a compensation and providing services relating to

), amount of capital to be raised, number of units offered, offering price, type of unredeemable units; - Specify the purpose of the REIT fundraising; in case of real estate investment purpose, identify the

compared to current assets as of December 31, 2017. Cash increased by 323.9 million baht, The trade and other receivable decreased amounted 14.4 million baht, The real estate development costs decreased

ที่ บช NO. AC.004/2018 13 November 2018 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

regard to the Notification of the Capital Market Supervisory Board concerning the Issuance and Offer for Sale regarding Unit of a Real Estate Investment Trust stipulating that the REIT manager entrusted by

• Gross profit from sales of real estate was THB 215.8mn, decreased 24.6% YoY, and GPM was 27.9% • Total assets as of 30 June 2018 stood at THB 12,753.0mn, an increase of THB 2,295.0mn • Debt to Equity

/2019, corresponding to the decrease in sales. Gross Profit and Gross Profit Margin (GPM)  In Q1/2020, the Company has gross profit from real estate for sale business of THB 43.0mn, decreased from THB

for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of

increase of 126.5% YoY due to the interest from loan for the Lofts Asoke project which was booked as cost of real estate sold during the construction period was shifted to book as financial cost full quarter