MFC ASSET MANAGEMENT PUBLIC COMPANY LIMITED| | Offering Date : 21/04/2008 - 08/05/2008

LAND AND HOUSES FUND MANAGEMENT COMPANY LIMITED| | Offering Date : 05/07/2012 - 13/07/2012

: Office of the Official Information Commission, Office of the Permanent Secretary, Government House, Bangkok 10300 Thailand 1 Pitsanulok Road, Dusit, Bangkok 10300 / Hotline 1111 / www.1111.go.th / P.O. Box

Bangkok 10900, Thailand Hotline: 1207 Tel: +66 2033 9999 2) Public Service Center: Office of the Official Information Commission, Office of the Permanent Secretary, Government House, Bangkok 10300 Thailand

Permanent Secretary, Government House, Bangkok 10300 Thailand 1 Pitsanulok Road, Dusit, Bangkok 10300 / Hotline 1111 / www.1111.go.th / P.O. Box. 1111 3) Help Center: Office of the Public Sector Anti

, residence, shopping mall, and office building. The project is located on the corner between Silom Road and Rama 4 Road, Bangkok. CPN’s CAPEX plan for this project is set at approximately THB 17,393 mn, which

from starting transferred 16 units of Veranda Residence Hua Hin project in Q1/2020 which accounted for 7.8 % of the project value. • Revenue from hotel operations decreased by 135 million baht or

property development operations as second quarter of 2018 was transferred 44 units of residence units while in the second quarter of 2 0 1 9 was transferred 17 units with revenue from property development

mainly due to Veranda Residence Hua-Hin ownership transferred and also growth of revenue from sales of food and beverage business due to acquisition of Gram pancackes and Pablo Cheesetart during Q4/2019

After You Pcl. 1319/9 Pattanakarn Rd. Suanluang, Bkk 10250 Thailand E-mail : ir@afteryou.co.th www.afteryoudessertcafe.com Page 1 of 4 Ref. AU 2 /2019 26 February 2019 Subject: Management Discussion