News Detail

                -Translation-
SET.001/2019                                    
30 January 2019
Subject:    Capital Increase Report of AQ Estate
To:        Directors and the Manager
                   The Stock Exchange of Thailand
        The company would like to report the utilization of capital increase from 
ordinary shares to private placement as approval by the Extraordinary General
Meeting of Shareholders No. 1/2017 on 30 June 2017 that has allocated and
offering of new 100,000 million ordinary shares to the private placement. The
company has increased capital of THB 72,640 million at the price of THB 0.05 per
share, totaling THB 3,632 million. The total expenses and fees were THB 63.73
million. The capital increase after deducting expenses amounted to THB 3,568.27
million.
        The company hereby reported on the use of funds from the capital increase as 
of 31 December 2018 as follows.
The capital increase as approval by the Extraordinary
General Meeting of Shareholders No. 1/2017  THB   3,568.27     million
     Less Use of capital increase as of 31 December 2018  THB  2,012.721 million
Capital increase as of 31 December 2018       THB  1,555.55       million
1 Payment in accordance with judgment of KTB  amounting THB  1,635.74    million
  Development of AQ ARBOR, Chonbuli, Chiangmai, Rangsit
  amounting THB      44.00     million
  Development of AQ ALIX             amounting THB    127.00     million
  Working capital                             amounting THB    205.98     million
                           Total amounting THB 2,012.721    million
        The remaining capital increase amount THB 1,555.55 million was invested in 
BFixed  the bill of exchange and loan.
Please be aware and please spread further.

Yours Sincerely,
(Mr. Suthad Chankingthong)     (Ms.Ranchana Rajatanavin)
             Director                                    Director
______________________________________________________________________
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