of systematic management of supply chain, the Company is currently under the studying process to establish a new factory to produce other packaging items mainly for captive consumption and may consider

the Crude Glycerine that expected to produce to Refined Glycerine (NRV) for 40.00 million Baht. This is due to the oversupply of Crude and Refined Glycerine in the global market, whilst the Indonesia

no effect on gross profit. In addition, management of electrical machinery operation of the current year is improved from the previous year, resulting in the ability to produce more electricity with

companies to produce newspapers or other publications. In the event that the Company is able to complete all assets disposal transactions, the Company will have more cash flow, but that money will mainly be

allow the Company to produce a wider range of products with higher production efficiency and lower production cost. The greater production capability of the new machinery line will also create more

staff, have lower capital requirements and produce higher margins. 10 2017 MD&A: PACE Development Corporation PLC. Japan As of June 30th, 2017 DDCJ has 13 cafés in operation including 2 new cafés opened

order to pay dividend to the Company as a shareholder. Still, the Company remains its main business to produce and sell particle board. The acquisition of Leyland’s ordinary shares and the investment in

Customers, i.e. increased number of CMG customers; 2) Diversified Products, i.e. a new manufacturing line which is currently the world’s best technology and will allow the Company to produce a wider range of

Business To produce electricity from solar energy for sale to public and private sectors. 8. Board of Directors As of 27 October 2017, consists of 9 directors as follows: 1) Ms.Cathleen Maleenont 2

requirements and produce higher margins. 10 2017 MD&A: PACE Development Corporation PLC. Japan As of June 30th, 2017 DDCJ has 13 cafés in operation including 2 new cafés opened during the year. It is expected