Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

share- holders (through what is known as 'tunnelling' 3 ), or misrepresenting an individual company's financial statements (of particular concern where the company is under pressure to meet expectations

revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the

. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential

from sales of single house projects, it is similar to that of Q1/2020. The income from rental and service business increases 27.97% from the same quarter of the previous year. It is as a result of the

backlog of the Company and subsidiary companies is 7,600 million THB i.e. 6,800 million THB from residential condominium and single house projects to be handed over in 2019 and 800 million THB from those to

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

business type is as follows: 1. Real Estate Development Business: 1) Income from residential condominium decreased 2.43290 billion THB or 28.24% from 2018. 2) The development of single house projects has

companies operate real estate business and provide full real estate services. Since 2017, the projects developed i.e. residential condominiums and single houses have been remodeled to serve the needs of all

million new ordinary shares through a private placement of the Company’s associate, LH Financial Group Public Co., Ltd., (“LHBANK”), at 2.20 baht per share, totaling 16,599 million baht or 35.62% of the