Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt ratio. Unit: THB million 31 December 2018 31 December 2019 Change Cash and cash

used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income

-Carlton Residences, Bangkok is 13,507 million Baht. Thus, the Company determines to develop and transfer the on-going projects within one to two years. Moreover, the company considers pursuing further

remaining residences are expected to be transferred in 2019. From the property development project as described above, the total revenue recognition is 15,746 million Baht. Thus, the Company determines to

result of loan repayment by net proceed received from SPRIME. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt

ratio from 1.35x to 1.39x was mainly due to dividend paid to shareholders in May 2019. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will

Baht 2 0.25 per share with the offering price of not less than 90 percent of the market price on the date which the Board of Directors determines the offering price of shares based on the market price

of not more than 191,742,674 shares, at a par value of Baht 0.25 per share with the offering price of not less than 90 percent of the market price on the date which the Board of Directors determines

number of not more than 191,742,674 shares, at a par value of Baht 0.25 per share with the offering price of not less than 90 percent of the market price on the date which the Board of Directors determines

Board of Directors determines the Fair Price from the valuation in order to clearly justify the price range since this transaction involves the disposal of real property, which are convenient and of