Dcon Products Public Company Limited ("Company", "DCON") informed that the Company is in the process of creating a joint investment with Prinsiri Public Company Limited ("PRIN") to jointly develop a project where DCON invests 49% and PRIN 51%. At the moment, both parties are in the process of drafting the investment agreement and once it is executed, the Company will provide a timely update to the Stock Exchange of Thailand. The first project that both parties will jointly invest in is City Sense Bangna-Trad which is situated on a 38-rai-land with an approximate project valuation of 958 million Baht.

The land is currently under the ownership of a subsidiary of DCON.