Sale and Purchase Agreement Purchaser Singha Estate Public Company Limited Seller Fenix Power Company Limited Characteristics of the transaction 1. Purchase of Metropolis Office Building located at 725

. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused

million Baht from the same period of fiscal year 2018 with total revenues of 146.70 million Baht or a decrease of 45.73 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber

or a decrease of 36.01 percent. The revenue decrease was partly result from the Rubber Wood Sawn Timber business which is the main income of the Company has decreased the export of Rubber Wood Kiln

wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was

Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in

Requirements for sustainable forest management .................................................................................................................. 14 3.4 Requirements for non-timber forest

31% increase from 1H19. Main driver of the growth rate was the acquisition of Metropolis building in January 2020. The Company realized that occupancy rates of Suntower and Metropolis have been

., Ltd. (engage in business of Rubberwood Sawn Timber) and Fancy Assets Co., Ltd. (engage in business of real estate) with total income increase of 67.25 million Baht and 107.31 million Baht respectively

or a decrease of 14.53 percent. The revenue decrease was partly result of lower sales of Rubber Wood Sawn Timber business to its Chinese customers as majority of customers requested for delays in