Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of
project completed and started transfer in November 2016 while the rest were continuing revenue from existing completed projects. In 2016 there were 4 projects completed and started transfer ,Manor
decrease in unit transferring. There was no project completed construction in Q2/2017 while there was Manor Sanambinnam started transferring in Q2/2016. - Revenues from hotel operations in Q2/2017 amounted
decrease in unit transferring. There was no project completed construction in Q3/2017 while there were M Thonglor10 started transferring in Q3/2016 and Manor Sanambinnam continued transferring since Q2/2016
% Total cost 7,693.4 6,897.6 795.8 11.5% Selling and administrative expense 2,104.9 1,876.7 228.2 12.2% Finance costs 40.0 -12.0 52.0 434.3% Share of profit from investment in associates 174.8 245.1 -70.3
company of WHAUP group with 33.33% stake, started commercial operation of its 8.6 MW waste-to-energy power plant in 4Q2019. PERFORMANCE BY BUSINESS Total Revenue and Share of Profit/(Loss) of Utilities
transfer in METRIS Rama9 – Ramkumhang and METRIS Ladprao which were completed construction and started transfer in 2020. - Revenues from hotel operations in Q2/2020 amounted 5.75 million baht decreased by
contribution of GNLL2 which started COD in January 2019. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from SDWTP
construction and started transfer in Q1/2020. - Revenues from hotel operations in Q1/2020 amounted 63.44 million baht decreased by 24.71 million baht or 28.03% from 88.15 million baht in Q1/2019 due to the