ที่ บช NO. AC. 001/2018 28 February 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

revenue of real estate business by improving the quality of the housing construction and after sale services. The Company also focused on training its employees and improve working procedure to be more

; “Executive” means director, manager or any person with management power; “Training Institute” means Thailand Securities Institute and other training institutes accepted by the Office; “Office” means the Office

responsible for the work of a department in the company; “Executive” means director, manager or any person with management power; “Training Institute” means Thailand Securities Institute and other training

) “Training Institute” means training institutes accepted by the Office; (Translation) -2- Chapter 1 Scope of the Applicability ____________________ Clause 3. This Notification shall not apply to the

Contacts will develop their skills and knowledge. The Contacts may participate in either one or more of the following activities namely, (i) attending a training course or seminar organized in-house by a

develop their skills and knowledge. The Contacts may participate in either one or more of the following activities namely, (i) attending a training course or seminar organized in-house by a securities

, concession or investment promotion – and clarify the respective benefits thereof as well. In the event that the Company or a subsidiary operates project-based business such as a real estate development

the 9-month period ended 30 September 2019 30 September 2018 Change Millions of THB % Millions of THB % Millions of THB % Revenue from sale of real estate 1,003.47 91.27% 1,501.95 96.98% (498.48) (33.19

% due to Training & Education. 1.5 Administrative expenses increased 9.14 MB or 6.49 % due to develop manpower by Training, Product Research and Development and Warehouse Management. 1.6 Corporate income