deemed connected transactions in the category of short-term rent/ lease of real property in accordance with the Stock Exchange of Thailand Notification, Re: Disclosure and Acts of Listed Companies on
Page 1 of 3 No. ACC1903/001 March 1, 2019 Subject: Approval to enter into Contract to sell of Common Stock (additional 2) To: President The Stock Exchange of Thailand According to the Board of
and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a
No. ComSec. 3/2020 18 March 2020 Subject: Connected transaction: Rental of real estate Attention: The President The Stock Exchange of Thailand Raimon Land Public Company Limited (“the Company”) would
years rental contract from August 1st, 2019 until July 1st, 2022, to be used as the Company’s headquarter for contacting, coordinating, and conducting business and documentation. The transaction is under
enforcement or dispute does not affect the taking advantage of such real estate materially, and the conditions for acquiring such real estate are beneficial to the unitholders as a whole; (3) the contract for
calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2. Net profit = Not used because the acquired asset is real estate 3. Total Value of = Total Project value / Total
Company’ s major shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/ lease of real property in
signed into contract or about to be signed which will allow the Company to begin to recognize revenue. 3.2 Revenue from real estate development business has decreased when compared to 2019, by Baht 403.82
clients to decrease by 30 percent compared to normal situation. The real estate business of the company continued to slow down, therefore, the company focuses on real estate rental for living and operating