completed within August 2019. The transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material
relatively subdued due to the impact of COVID-19. Nevertheless, the Company continues to transfer the completed projects to customers as planned. Residential projects that are completed and transferred to
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the
seller are not able to fulfill the conditions precedent for the third completion of the share sale and purchase since the negotiation on other essence matters have yet to be completed, the Company has yet
of the year 2018 that the Company had received which those had already worked partly but not yet reached the invoice. As the result, those had recognized the revenue by completed of work. The Short
been completed on 19 February 2020. Page 2 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 On 11 December 2019, S Residential Development Co., Ltd., one of the Company’s
revenue was closely to the previous year. Cost of service for operation of Expressway business consisted of costs of toll, amortization of rights to operate completed expressway sectors and compensation for
1,400mn and media spaces of more than 140,000 sq.m. The Company completed such transaction on 30 June 2017. COMASS (Mega Static Billboard) COMASS (LED Screen) The Securities and Exchange Commission of