Page 185 - Amata-one-report2020-en

BUSINESS OPERATION AND OPERATING RESULTS CORPORATE GOVERNANCE FINANCIAL STATEMENTS ENCLOSURES

12.9 During the third quarter of 2019, Amata Asia (Myanmar) Limited invested Baht 31 million in

the ordinary shares of Yangon Amata Smart and Eco City Limited, a company established
in Myanmar and engaged in the industrial estate development in Yangon, the Republic of
the Union of Myanmar, which represented 100% of its called-up share capital. Therefore,
the consolidated financial statements included the financial statements of Yangon Amata

Smart and Eco City Limited since the third quarter of the current year. VN had an additional
investment in ATLT. amounting to Baht 1,394 million. The Company shareholding in this

company has remained unchanged. In addition, Amata City Long Thanh JSC (“ACLT”).
invested Baht 1 million each in the ordinary shares of Amata Service City Long Thanh 1
Company Limited and Amata Service City Long Thanh 2 Company Limited, which are

established in Vietnam and engaged in commercial and residential area development
business. The investment represented 100% of these companies called-up share capital.
Therefore, the consolidated financial statements included the financial statements of Amata

Service City Long Thanh 1 Company Limited and Amata Service City Long Thanh 2
Company Limited since the third quarter of the current year.

12.10 During the second quarter of 2019, the Company invested Baht 31 million in the ordinary

shares of Amata Asia (Myanmar) Limited, a company established in Hong Kong and engaged
in the industrial estate development in Yangon, the Republic of the Union of Myanmar, which
represented 100% of its called-up share capital. As a result, the consolidated financial
statements included the financial statement of Amata Asia (Myanmar) Limited since the

second quarter of the current year. In addition, VN had an additional investment in ACHL of
Baht 74 million. The Company shareholding in this company has remained unchanged.

12.11 During the first quarter of 2019, VN had an additional investment in ACHL. amounting to Baht

55 million. The Company shareholding in this company has remained unchanged.

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