1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654
(Philippines) INC. (“AEON Systems”) Within August 2019 (After the Board of Director of AEON Thana Sinsap (Thailand) PLC approval) 1.2 Business Administration and Support Company Date of agreement AEON Financial
by Baht 59 million over the prior year as a result of the decrease in occupancy and room rates of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which
Exchange Commission (“SEC”), has already registered its dissolution with the Business Development Department, the Ministry of Commerce, on August 31, 2016 and the end of liquidation process on June 27, 2017
100% General characteristics of transactions: AFS provides the business administration and support to the oversea subsidiaries in order to grow and develop AFS subsidiaries’ business. AEONTS and its
development operations which comprise of property sales and the sale of holiday club memberships decreased by Baht 97 million. The difference is largely attributed to the lower revenue recognition of holiday
over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales and the sale
40 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales
with the following information. Transaction Date : 11 December 2019 Acquisition by : S Residential Development Co., Ltd. (the subsidiary company with 99.99% share held by the Company) Transaction Detail
from the construction started in 2018 such as Chulalongkorn University, Institute of Molecular Biosciences, Mahidol University and Department of Provincial Administration. Cost of sales and Gross Profit