and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a

compared to the year 2018 by 12.65% due to the transfer of ownership of condominiums Aspen Condo Phase B more than Aspen Condo Phase A, in which the Aspen Condo Phase B is lower in cost than the Aspen Phase

In the third quarter of 2019, the company's real estate development costs decreased from the same quarter of 2018 equal to 21.71% since the 3rd quarter of 2019 Aspen Condo Phase B cost is lower than

% compared to 2016. Mana Patanakarn Company Limited, the real estate development company, has completed the construction of condominium “Aspen Condo” phase A and was able to transfer the right of ownership to

Company’s subsidiary company which do real estate development business, has started to transfer the ownership of condominium rooms at Aspen Condo to the purchasers. . . 3.2 Selling and administrative expenses

% when compared to 2017. Mana Patanakarn Co., Ltd., the Company’s subsidiary company which does real estate development business, has transferred the ownership of houses and condominium “Aspen Condo” phase

development business in the second quarter of the year 2020, has decreased from the year 2019 in equivalent to 35.35 percent because of the transferring asset of Aspen Condo (phase A) was higher than the number

Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................