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

driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

sales of goods and rendering of services in Q3/2018 was recorded at Baht 727 million, higher 8% Y-O-Y. The revenue increased in most channels as follows: - Despite the sales recognition of some turnkey

investment properties (reverse) #DIV/0! EBIT 94.66 133.42 -29.05 63.92 70.64 -9.52 Share of gain (loss) from investment in joint ventures -8.45 -8.91 -5.16 Financial cost -62.62 -58.66 6.76 -50.57 -59.39

for the period of 3Q2019 was Baht 30.3 million, an increase of Baht 12.4 million or 69.3% from the same period of last year due to recognition of non-monetary and non- recurring expenses i.e. share

company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s

million. 3. In 2018, other income consist of dividend income and private fund income, share of profits from investment in associates and profit from the recognition of investments in available- for-sale

million baht. Administrative expenses increased 10.68 million baht or 5.75% due to the write-off expenses - Share of loss from investments in joint ventures in Q2/2020 amounted 16.19 million baht while

57.70 -54.12 -206.61 63.42 28.86 119.75 Share of loss of associates and joint ventures -12.52 - - - - - Financial cost -53.82 -34.79 54.70 -71.89 -36.87 94.98 Income taxed expense -15.30 3.16 -584.18 2.08

quarter last year, resulted from the recognition of revenue and cost of food business beginning from its date of investment in January 2019. The proportion of revenue from sales increased by Baht 39.26