projects under 4 brands. “The Origin” brand, “The Origin Ratchada Ladprao” was sold out, 70% booking for “The Origin Sukhumvit 105. Luxury condominium under “PARK” brand, 81% booking for “Park Origin

short notice, which if sufficiently wide-scale, could have a material adverse effect on the Group's financial condition and operating results. As an international luxury business, the Group is exposed to

the asset light and lease model as planned. For luxury villa management under Elite Havens brand, the Company expect to see its expansion into a new market targeting Australia as well as continuous

 “ The Lofts Ratchathewi” , a luxury condominium project, style loft, with total of 273 units, total project value of over THB 3,600mn. The official presales started on 6-9 September 2019 September Opened

the construction of TAIT 12 – a luxury condominium, located on Sathorn Road, soi 12 Management outlook and future projects Since August 2019 until the beginning of 2020, the Monetary Policy Committee

Major Events in 3Q19 New Retail Development to Become the “Center of Life” CPN celebrated an opening of the first luxury outlet format in Thailand, Central Village, on August 31, 2019. Celebrated an

- the Company has started the transfer of the ESSE Asoke – our first luxury condominium project in December 2018. We can achieve the transfer progress of 29% of total units sold and expect to complete to

in Kenya. Moreover, Elite Havens luxury villa rentals and management has expanded to Goa and Maharashtra, India. Unit: Baht million 2Q20 2Q19 Change 6M20 6M19 Change Hotel business 100 813 -713 -87.7

margins than fashion segment (2) sales discounts given to customers in connection with promotion (3) The increase in proportion of luxury products sold, which have lower gross margins in Italian department

Sales and Marketing: • Revised Sales and Marketing plan underway to better position as Luxury brand • Leveraging new partnership with social media agency to spur interest across multiple platforms which