opportunity in term of absence total transaction costs both of long and short strategy stay at 5%. • After applying total transaction costs, the arbitrage opportunities reduced sharply to 2% • Overall, the

of 2017 decreased from the same period of 2016 due to the absence of interest on long-term loans. Please be informed accordingly. Yours sincerely, ( Ms. Waewta Natphan ) Asst. Finance & Accounting

Meeting of the Board of Directors, in absence of the connected person who did not vote on this transaction, upon consideration, approved the Company providing a 30% discount to the water tariffs for the Koh

absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the

of 265 million Baht, decreased by 42% or by 191 million Baht due to the absence of specific business tax and residence transfer expense. In 3Q 2019, the Company had a total finance costs of 219 million

Stock Exchange of Thailand. 7) Names of connected persons and nature of relationship of the connected persons Absence 8) Conditions which may affect the rights of shareholders None 9) Opinions of the

the connected persons Absence 8) Conditions which may affect the rights of shareholders None 9) Opinions of the board of directors of the Company related to the entering into of the transaction. The

the connected persons Absence 8) Conditions which may affect the rights of shareholders None 9) Opinions of the board of directors of the Company related to the entering into of the transaction. The

the connected transaction on sub- leasing of land, leasing of building and purchasing of related property with CDS in the CentralFestival Phuket Project. This approval was made in the absence of the

and nature of relationship of the connected persons Absence 4. Conditions which may affect the rights of shareholders None 3 บริษัท เจ. เอส. พ.ีพร็อพเพอร์ตี ้จ ากดั (มหาชน) J.S.P.PROPERTY PUBLIC COMPANY