Dr. Vichian Patthayanun, Chief Executive Officer of Chao Phraya Mahakhan Co., Ltd. (CMC), a real estate developer in high-potential locations, stated, "The transfer of CMC's securities to trade on the Stock Exchange of Thailand (SET) on November 12, 2021, marks the first day for the real estate and construction business sector. This move increases opportunities for both domestic and international investors and institutions to increase their shareholding, thereby broadening the investor base, enhancing positive sentiment towards the company, and providing more funding and liquidity to support future business expansion for sustainable growth. CMC is ready to welcome large investors, retail investors, small and medium-sized enterprises (SMEs), and startups, both domestically and internationally, while also seeking partners for project development to be part of CMC GROUP's significant steps towards sustainable, strong, and stable growth in the future.

Over the past three years since entering the stock market, CMC has experienced remarkable growth in performance, with over 90% of its revenue coming from the real estate development sector, while the remaining 10% is derived from construction contracting and furniture and wall manufacturing. CMC's core business focuses on developing residential properties for sale, both horizontal and vertical, which are well-known and trusted by

Thai people under the brand of condominium projects including Chateau in Town, Bangkok Horizon, and Bangkok Feliz, townhome projects such as Kasa Deva and Kasa Eureka, and single-house projects like The Rich. Additionally, CMC has launched new condominium projects including The Cuvee, The Clev, Cybiq, and is preparing to introduce a new project Cerrocco.

However, CMC is confident that the overall real estate development business remains attractive to both Thai and foreign investors, especially after the government has implemented policies to open the country and lifted curfew measures nationwide, leading to a significant recovery in the Thai economy. It is expected that the overall outlook for Thai stocks will improve further.

In this final quarter, benefiting from the momentum and support of stocks in the reopening business sector, including banks, tourism, shopping malls, and public transportation, along with the Bank of Thailand's (BOT) announcement to relax LTV measures until 2022, allows customers looking for a second or third home to secure loans for housing at full collateral of 100%. This stimulates real demand and supports the real estate sector to continue growing sustainably.

CMC remains committed to developing its business towards excellence as a residential developer and aims to become a Big Player in the Thai real estate market. The company is preparing plans to turn every crisis into an opportunity in both the short and long term, focusing on strengthening its financial position. CMC has expanded its revenue base into various business sectors both domestically and internationally through the channel [email protected]. Currently, CMC has a total of 7 subsidiaries: Phaya Phanich Property Co., Ltd. (PPP), Siam Nakorn Co., Ltd. (SNC), Thai Siam Nakorn Co., Ltd. (TSN), C2H Co., Ltd. (C2H), Teledoc Co., Ltd. (TELEDOC), Cmeditech Co., Ltd. (CMEDITECH), and Cannabitec Co., Ltd. (CANNABITEC). The company is also preparing investment plans for new projects to further strengthen and ensure sustainable growth in the future."