had service and administrative expenses for the first quarter of 2020 equal to 27.1 million baht, a decreasing from the first quarter in 2019 3.3%. Management Discussion and Analysis Q1/2020 Page 3/4

millio llion baht o er income b unted recei t of the Com debt that th lion baht du ntech Co., L was 1,001. iod last yea creasing of equal to 15 percent as service cos m the same n as a resu ent the 3rd q

Habitat Pinklao- Sirindhorn Project Name Thana Cluster Project Type Semi-detached house, 3 Floors-Townhome Price 5-10 MB Number of Projects 5 Projects Project Value (Approximately) 412 MB Units per Project

which are in the process of selling which are (1) K.C. Cluster Nimitmai Project (having outstanding 200 units ) and (2) K.C. Cluster Ramintra 7 phase 1 (having outstanding 35 units). As a result, the

decrease from the same period last year 78.6 million Baht or 2.9% decreasing with details of income as follows: 1. Revenue from contracts with customers is equal to 229.6 million baht decreasing from the

0.03% of NTA was equal to 0.71 million Baht and the 3% of NTA was equal to 70.89 million Baht. Therefore, the said connected transaction must be approved by the Board of Directors and disclosed the

millio in equal to 4 solidated fina t, which was of 4.4 percen kably succes nd compare w rst quarter in second qua to be a net p on of the grou on the perfo of Profit and    me from debt others rvice

size is more than or equal to Baht 20 million or more than or equal to 3% of NTA whichever is higher. However, this loan transaction is based on the shareholding proportion which could be approved by the

equal to 1.95% of compensation value, and the combining the value of asset acquisition during 6 months is equal to 6.34%. The transaction is also the middle size of related transaction of listed company

of September 30, 2017, the maximum possible size of transaction relative to net tangible asset is equal to 1.8% (Maximum acquisition value Criteria). Considering the value of new asset acquisition in