follows: 1. Approved the purchase of vacant land of 24 – 2 – 24.6 rai, which is the plot of land adjacent to the Company's current plot of land, totaling Baht 85.97 million or equivalent to Baht 3.5 million
Estate Business Sale of real estate business was THB 4,152.93 million, an increase of THB 1,387.60 million or 50.18% when comparing to the year 2017. The Company recorded sale of vacant land which the
increased by THB 104. 29 million due to the discount of promissory note from the sale of vacant land ( increased by THB 29. 76 million) and the impact of setting more provisions for employee benefits
including profit from sale of vacant land); even though, profit from real estate business continued to grow. (2) In this quarter, the Company recorded total costs and expenses of THB 1,685.73 million
which was reported at 31%. In addition, the Company generated revenue from sale of vacant land of THB 562.51 million. - Revenue from rent and service was THB 62.12 million, an increase of THB 12.95
service business contributed 25% of total gross margin (excluding sales of vacant land). In addition, MK’s real estate business was able to maintain the gross margin closed to the same level of last year
including profit from sale of vacant land). When comparing to the first six months, the proportion of profit margin was 24.5%. In the meantime, gross profit from real estate business continued to grow. (2) In
appropriate level and to run the business according to the business restructuring plan. For the total gross profit (excluding sale of vacant land), the proportion of gross profit contributed from rent and
were to reduce the business risk and increase revenue from recurring business in the long- term. For the total gross profit (excluding sale of vacant land), the proportion of gross profit contributed
transaction (For the purpose of translation only) 5 Executive summary Whereas the Company has received an offering from SPI, the major shareholder and related persons of the Company, offering to purchase vacant