runs a business to manage mutual fund, property fund, real estate investment trust, provident fund and private fund. 3. FUND MANAGEMENT BUSINESSS LH Financial Group Public Company Limited Management
to 60.9% of Q1/2018. 1.2.2 Administrative Expenses In Q1/2019, administrative expenses were of Bt148.3 million, increased by Bt17.1 million or 13.0%(y-o-y), mainly due to the real estate tax paid
estate and passion investments, as well as their business assets. They were also given the chance to participate in the “Lombard Odier Signature Event”, a world-class seminar organized by Lombard Odier in
Property Business: the Company will be able to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. 1. As of 31 March 2018, Details and progress of
fund, real estate investment trust, provident fund and private fund. Overview of Fund Management Business In the first quarter of 2019, the fund management business had total asset Baht 5.23 trillion
of the economy and the real estate market in Thailand, our company may have difficulty in managing NPLs and selling NPAs. 2.2 The company may face competition in sourcing NPLs and NPAs from competitors
manager” means mutual fund manager and private fund manager; (6) “property fund manager” means a person who makes decisions to invest or dispose of real estate or leasehold right of property funds; (7