Company Background

Nawarat Patanakarn Public Company Limited ("the Company" or "NWR") has started operating construction and prestressed concrete piles production business since 1976. Presently, the Company mainly operates as construction contractor providing all types of civil engineering construction services and manufacturing pre-stressed concrete piles, other kinds of concrete products and processed steel used in its construction businesses and for sale.

The Company was registered on May 31, 1976 with the initial registered capital of Baht 4 million and gradually increased its registered capital.
In 1995, the Company increased its registered capital from Baht 400 million to Baht 500 million by way of shares distribution to domestic and overseas investors.
On September 27, 1995, the Company was incorporated as a listed company on the Stock Exchange of Thailand. The change of the Company's registered caplital was retrospected for five years as follows: in 2012, the Company had the registered capital of Baht 2,217,950,679, the paid-up capital of Baht 1,552,901,243; in 2013, the Company had the registered capital of Baht 2,221,587,311 and the paid-up capital of Baht 1,974,801,416; and in 2014, the Company had the registered capital of Baht 2,812,221,856 and the paid-up capital of Baht 2,585,481,515.
The Company assigned TRIS Rating Co., Ltd. (“TRIS”) to affirm the rating of the Company and the Company’s senior unsecured debentures. Announced on February 14, 2020, the Company rating was downgraded to “BB+” from BBB-, with a “Stable” outlook. The downgrade reflects downwardperformance of the Company and TRIS’s concern about the Company financial situation.
The rating reflects the Company’s acceptable track record of undertaking a broad range of construction projects for the Governmentand private sectors as well as the positive outlook of overall construction business in Thailand in 2-3 years ahead. However, the rating was downgraded due to the unsteady and intense competition in construction industry, including real estate business of the Company which having alower turnover than expected.

Head Office

Location:	18th-19th Floor, Bangna Towers A, 2/3 Moo 14, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540
Registered Number:	0107538000096
Website:	www.nawarat.co.th
Telephone:	(662) 730-2100
Fax:	(662) 751-9484-90
Company Secretary:	Miss Pakatip Lopandhsri Tel. (662) 730-2197
Investor Relations Section:	Mr. Visut Suwanwitwaj Tel. (662) 730-2187
Branch Offices
- 1796, Bangna-Trad Road, Bangna Sub-District, Bangna District, Bangkok - 329 Moo 5 Srisa Chorakhe Yhai, Bang Sao Thong, Samutprakarn
Pre-Stressed Concrete Piles, Pre-Cast Concrete Products and Processed Steel Plants
- 1796, Bangna-Trad Road, Bangna Sub-District, Bangna District, Bangkok - 53/4 Moo 9 Prong Akat, Bang Nampreaw, Chachoengsao
Pre-Cast Concrete Jacking Pipes and Pre-Cast Concrete Shaft Plant
- 31/13 Rama 2 Road Km. 33.5, Bang Krachao, Muang, Samutsakhon
SHELL Petrol Station by Nawarat Patanakarn Public Company Limited
- 329 Moo 5 Srisa Chorakhe Yhai, Bang Sao Thong, Samutprakarn

Joint venture, subsidiary companies, associated companies and related parties

(still operating as of December 31, 2020)

Joint Venture	Address	Type of Business	Share of Profit (%)
Nawarat – A.S. Associated Joint Venture	8/24-25 Soi Ladprao 8, Ladprao Road, Chomphon, Chatuchak, Bangkok 10900	Construction	70
A.S. and Nawarat Joint Venture	230 Soi Yasoob 1, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 1090	Construction	50
NTA Joint Venture	2/3 Moo14 Bangna Towers A 19th Floors, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540	Construction	34
NCREC Joint Venture	2/3 Moo14 Bangna Towers A 19th Floors, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540	Construction	51
TN Joint Venture	118/1 Tipco Tower, Rama 6 Road, Phayathai, Phayathai, Bangkok 10400, Thailand	Construction	48
TN - CEI Joint Venture	118/1 Tipco Tower, Rama 6 Road, Phayathai, Phayathai, Bangkok 10400, Thailand	Construction	49

Subsidiary	Address	Type of Business	Share of Profit (%)
Myanmar NWR Co., Ltd.	32, Hlaing Myint Moh Street 4, Ward 10 Hlaing Township, Yangon, Myanmar.	Construction	100
Utility Business Alliance Company Limited	21 Viphavadi-Rangsit Road Chomphon, Chatuchak, Bangkok 10900	Waste Water Treatment	60
NWR (Cambodia) Company Limited	217, Group 1, Smach Meanchey Commune, Smach Meanchey District, Kohkong Province, Cambodia	Project management and construction control	100
Mana Patanakarn Company Limi	2/3 Moo 14 Bangna Towers A, 18th floor, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540	Real estate and residential development	100
Advance Prefab Company Limited	2/3 Moo 14 Bangna Towers A, 18th floor, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540	Pre-cast concrete production and distribution	100
Taste Maker Company Limited	2/3 Moo14 Bangna Towers A 19th Floors, Bangna-Trad Road Km. 6.5, Bangkaew, Bangplee, Samutprakarn 10540	Restaurant, food business-fresh food, dried food, instant food, canned food, seasoning, all types of beverages	99
Nawarat (Cambodia) Company Limited	Cham Yeam Village, Bak Khlang Commune, Mondol Seima District, Koh Kong Province, Cambodia.	Construction (building)	100

Related Parties / (Relationship)	Address	Type of Business	Share of Profit (%)
New Decade Company Limited (with Mrs. Suthasanee Karnasuta, a younger sister of Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	9/7 ChaloemPhraKiatRatchakanThi 9 Soi 38, Dok Mai, Prawet, Bangkok 10250	Construction	0.00
Ruen Rapee Company Limited (with Mrs. Sutasanee Karnasuta, younger sister of Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	9/7 ChaloemPhraKiatRatchakanThi 9 Soi 38, Dok Mai, Prawet, Bangkok 10250	Real estate development	0.00
East Bangkok Assets Company Limited (with Mrs. Suthasanee Karnasuta, a younger sister of Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	9/7 Chaloem Phra Kiat Ratchakan Thi 9 Soi 38, Dok Mai, Prawet, Bangkok 10250	Real estate development	0.00
K Alliance Company Limited (with Mrs. Suthasanee Karnasuta, a younger sister of Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	1111 Moo 6 Samrong Muang District, Samutprakarn 10270	Mining business	0.00
Kao Chamao Hilly Resort Company Limited (with Mr. Apathorn Karnasuta and Mrs. Suthasanee Karnasuta, a younger brother and a younger sister of Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	9/3 Moo 3, Khaowongkot, Kaenghangmaeo, Chantaburi 22160	Agricultural	0.00
E.G.G. Enterprise Company Limited (with Mr. Polpat Karnasuta, Chief Executive Officer, taking the position of managing director)	1786 Bangna-Trat, KM. 4.7. Bangna, Bangkok 10260	Furniture business	0.00

Stock Information