enhance its return to profitability, the Company will: • Deliver reliable return with long-term growth opportunity though long-term acquisition in high quality “Real Assets”. • Enhance our assets

0.5 percent of the total Thai workforce. This group of workers falls short of their work potential, having more time and seek to work full-time job. It is a real challenge for Thailand to enhance the

helped to enhance product value as well as to enlarge its customer base. The gross profit margin of real estate business was 31.1% when applying the previous accounting standard and lowered than the gross

ที่ บช NO. AC. 001/2018 28 February 2018 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

equity market growth and to serve the needs of the real economy worldwide. The most important achievement of the meeting was the adoption of a Guide to strengthen corporate governance through effective

2017. The operating results were, List Year End period (Unit: Million THB) 2016 2017 Difference Income from Sales of real estate 3,153.1 8,764.9 5,611.8 178.0 Other Income - Gain on sales of investments

. The Board of Directors Meeting has considered and approved as follows: 1. Asset Disposal Transaction of the Company Whereas the company aims to become a leading company in the real estate industry and

become a leading company in the real estate industry and other relating businesses, by striving to grow sustainably. The company has foreseen the potential of “Nomura Real Estate Development” (NRED) – one

September 30th, 2017. The operating results were, List Quarter 3 9 months period (Unit: Million THB) 2016 2017 Difference 2016 2017 Difference Operating Revenue Income from Sales of real estate 876.8 1,665.3

expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims