holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

from starting transferred 16 units of Veranda Residence Hua Hin project in Q1/2020 which accounted for 7.8 % of the project value. • Revenue from hotel operations decreased by 135 million baht or

of 265 million Baht, decreased by 42% or by 191 million Baht due to the absence of specific business tax and residence transfer expense. In 3Q 2019, the Company had a total finance costs of 219 million

property development operations as second quarter of 2018 was transferred 44 units of residence units while in the second quarter of 2 0 1 9 was transferred 17 units with revenue from property development

mainly due to Veranda Residence Hua-Hin ownership transferred and also growth of revenue from sales of food and beverage business due to acquisition of Gram pancackes and Pablo Cheesetart during Q4/2019

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

utility cost decreased 1.7% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new

following manner: 1. The Company shall acquire 2,953,310 ordinary shares at the par value of THB 100 per share, equivalent to 22.11 percent of the total issued shares of Proud Residence, from Proud Beach Club

Proud Residence, from Proud Beach Club. (Translation) — 2 — 2. The Company shall acquire 425,210 ordinary shares at the par value of THB 100 per share, equivalent to 3.18 percent of the total issued