YoY. Transfer ownership of condominium unit of the ESSE at Singha Complex, the ESSE Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Residential projects for sales as
and the Ministry of Finance. 4) Conditions for Entry into the Transaction Under the Asset Sale and Purchase Agreement, Thai Oil will transfer ownership of the ERU Project to the Company or Subsidiary
revenue of THB 423.6mn. This represented a decrease of THB 1,039.0mn or 71.0% YoY. Of which, THB 366.4mn or 86.5% of the total revenue was revenue realization from sales of real estate (transfer ownership
house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences
THB 1,264m, grew by THB 948m or 300% YoY. Transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Page 3 of 7 Management
expenses were related to the transfer ownership of the residences of MahaNakhon project, for instance, costs of the transfer, special business tax, etc. Furthermore, the selling and administrative expenses
the Shareholders’ meeting has approved such disposition of assets. The payment shall be made in full prior to apply for the transfer ownership with the competent authority. 6. Expected Benefits for the
this contract or fails to transfer ownership of the land as specified and appointed herein, the Purchaser has the right to initiate litigation to enforce compliance with this agreement or claim damages
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