) to review and adjust the assumptions for cash flows projections of those subsidiaries to calculate the recoverable amount appropriately, and to consider the adequacy and appropriateness of the

Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1

February 28,2020 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

1/4 August 13, 2020 Re: Clarification of the operating results of company and its subsidiaries for the six months period end June 30, 2020 To: President The Stock Exchange of Thailand K.C. Property

impairment. For the year end of 2019, Company has set up a property impairment which is a swimming pool cub in NEP PARK village with the reason that those property is not generate income. 6. Management benefit

suppliers. The plant now has been completed but still in the process of mechanical testing and improving the treatment formula. For the RDF facility in the second quarter, the Company has started to adjust

15 มีนาคม 2544 1 - Translation - WRLE 018/2018 8 November 2018 Subject : Notifications of Information Memorandum of Connected Transaction Re : Loan from Property Perfect Public Company Limited. To

Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development

and property development business division totally 282.7 million Baht compared with same period of year 2018 amounted 302.8 million Baht, decreased the amount of 20.1 million Baht or 6.6 percent. For

subsidiaries increased Baht 79.27 million from profit sharing from investment in BBF. 4. Property, plant and equipment increased Baht 88.58 million, mostly from the adoption of new financial reporting standards