necessary and appropriate, to ensure that the dissolution and liquidation are complete. In this regard, the Entire Business Transfer Transaction is considered to be an acquisition or acceptance of an entire

of the transaction as indicated in the Entire Business Transfer Agreement. The Company anticipates that the Subsidiary shall complete of Acquisition and Acceptance of Transfer of the Entire Business by

Transfer Agreement. The Company anticipates that the Subsidiary shall complete of Acquisition and Acceptance of Transfer of the Entire Business by the January 2019. In this regard, the Board of Directors has

ordinary shares, the Subsidiary will bear obligations and expenses as follows: 1. The Subsidiary pay for entire Leyland’s ordinary shares. 2. Leyland repays the Director’s Loan. 5 In this regard, the total

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 1 U CITY PCL 15 MAY 2018 3Q 2018 KEY FINANCIAL HIGHLIGHTS  Total revenue rose

is also proceeding according to plan, which was 25% complete by end December. We expect to finish construction of the international school by 1Q 2020. MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019

expectation that the building is to be completed by 3Q 2021. Construction of the international school is also proceeding according to plan, which was 13% complete by end July. We expect to finish construction

100 percent shares held by the Company, to acquire the additional ordinary shares in the amount of 16,875 shares, equivalent to 30 percent of the total shares of COMASS from the Seller at the purchase

) with a total value of THB 460,000,000 (Allocation of Shares and Allocation of Convertible Debenture collectively as “Securities Allocation Transaction”) (Entire Business Transfer Transaction and

in SUTG of the total 66.00 per cent on the date of entire business transfer. By comparing a fair value of SUTGH and the Company, by the TMB Bank (Public) Company Limited, the Company’s financial