dissolution and liquidation are complete. In this regard, the Entire Business Transfer Transaction is considered to be an acquisition or acceptance of an entire business transfer, in accordance with Section 107
9.96 million baht from the same period last year to 6.33 Million Baht or 38.84% due to In 2016, The company's investment in a subsidiary, which is under liquidation Bunbury 6.20 Million Baht include Pan
the income from sales and other 68% is from the liquidation of inventory. The gross profit has thus decreased 0.93% from the same quarter of the previous year. Statement of financial position as of 31
million THB from 2017. It is the income recognized from 11 projects completed in 2018, 54% of which is recognized from sales of the projects and 46% from the liquidation of ready-to-move-in projects
subsidiaries) and SAGUSA. The latter is in the process of liquidation. Share of profit from associate and JV increased from Baht 104 million in 2018 to Baht 115 million in 2019 due to lower loss sharing from
three projects completed in Q1/2018 and one project completed in Q2/2018 respectively. The remaining 69% is achieved from the sales of projects completed in the previous year as a liquidation of inventory
necessary and appropriate, to ensure that the dissolution and liquidation are complete. In this regard, the Entire Business Transfer Transaction is considered to be an acquisition or acceptance of an entire
the debt. Subsequently, the Company filed a bankruptcy lawsuit against the debtor at Central Bankruptcy Court on December 11, 2016. On March 7, 2017, the Central Bankruptcy Court ordered to freeze the
the debt. Subsequently, the Company filed a bankruptcy lawsuit against the debtor at Central Bankruptcy Court on December 11, 2015. On March 7, 2016, the Central Bankruptcy Court ordered to freeze the