2,995,462, or equivalent to THB 103,371,065.81. As a result, the Company will have an outstanding interest in the Trade Debt which will be converted to equity on the day that the shareholders’ meeting

over this renovation period. As of 3Q 2018, U City’s office building portfolio was essentially fully occupied on a blended basis. Please note that the methodology for calculating NFA has been altered for

to preserve cash for the operation and also to improve the liquidity of the company which commenced in February 2017 and after the Company had successfully converted debt-to-equity in the 3rd Quarter

will be converted to equity on the day that the shareholders’ meeting approves the allocation and offering of the newly issued ordinary shares of the Company under the debt to equity conversion scheme in

ด้วยอัตราแลกเปลี่ยนเพื่อเทียบกับค่าสกุลเงินบาท ณ วันท่ีคำนวณผลตอบแทน ร้อยละ 25 Benchmark Benchmark is • 75% of S&P 500 Index adjusted by cost of FX hedging and converted to Thai Baht on the calculation

5 offering for sale of units; (8) date of the establishment of the REIT. The provisions under sub clause (1) (a) and (7) of the first paragraph are inapplicable to a REIT converted from a property

million that has been converted from NPL and/or through auction sale. Another factor was the accrued income from auction sale in 2019 that increased by Baht 2,480.16 million, or 34.86% of the amount

expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate

financial ratios. The total debt amount that will be restructured is USD 37,358,546 which part of the debt, USD 32,934,250, will be converted into equity while the remaining will be recorded as gain from debt

network to 2,300 advertising panels and media capacity to THB 1,400mn. The Company is also transitioning our static media assets to a digital platform in upcountry. Last year, we converted 21 existing