1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in
amount of approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. Beside, company and its subsidiaries recorded the profit sharing to non-controlling
provision in first quarter of the year for the additional employee benefits at the amount of approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. 1.1
to the decline in traffic of both OPD and IPD causing by the COVID-19 pandemic and the state of emergency announced by the government to prevent the spread of infection. However, revenue of World
contracted. In 1Q2020, hospitality business of Singha Estate Public Company Limited (“the Company”) was also significantly impacted by COVID-19. Essentially, government announced the lockdown measure to
additional employee benefits at the amount of approximately 7.7 million baht in administrative expenses in order to comply with the Labor Protection Act, revised and announced in 2019. The profit before
comply with the Labor Protection Act, revised and announced in 2019. 1.1 Revenue For the period of three months ended 30th Sept 2019, the Company and its subsidiaries had revenue from sales and service of
Retail Growth Leasehold REIT (CPNREIT) with 4 additional assets, as well as the extension of lease at CentralPlaza Rama 2, with a total transaction value of no more than THB 48,560 mn as announced on the
over the next 3 years in these high-growth, high-margin areas. This amount is in addition to the investment already made or announced of $1.50 billion in projects that are pending completion and their
THB1.225/share for 2019. IVL concurrently undertook several transformative initiatives that were announced on 4th Feb 2020 at its Capital Market Day, which are expected to generate benefits starting in 2020