aligned with the Company’s strategy to invest in hotels and resorts in prime tourist destinations. o Target Group Hotels and Resorts are projects with high potential and located in countries with further
opened several new stores that further contributed to the growth in revenue from sale of goods. The new stores in 2019 were Index Living Mall Chaiyapruek (opened in Jan 19), Index Living Mall Chanthaburi
percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment
expected to be completed by October 31, 2017. Further, the Share Acquisition Transaction in such shareholding percentage is agreed on the investment offer of Hero Experience under which the equity required
previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the
Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated
subscribed to the Warrants (IVL-W2) where the last date of subscription is in August 2018 thereby enabling the Company to raise a further over $ 220 million in year 2018 so far. The gearing ratio improved by
purpose of further selling and distributing to our target consumers all over several key provinces in the People’s Republic of China under the active marketing policy of the trade partner. - Translation