economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If factors namely rising inflation
%, and almost passed the all time high of 1,753.73 on 4 January 1994. A positive support factor from the government's policy, the general election is expected to be held in November 2018. University of the
recovery. For 2018, the Thai economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If
addition, a rise in fuel price can be observed. Meanwhile, Ministry of finance revealed that the inflation rate of 2017 is expected at 0.7 percent, increasing 0.2 percent from last year. Considering global
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
in budget disbursement. As the momentum from the above mentions, the Thai economy in 2018 was expected to continue expanding which the Bank of Thailand revised up the growth forecast to 4.4 percent (as
in practice the “base price” approved in Agenda 3 of such meeting was not in line with the market conditions of each asset at the time of the bidding. Enclosure Page 11 7. Expected benefits to the
. Expected benefits to the Company from the asset disposal 7.1 This asset disposal is a part of business restructuring of the Company’s group with a view to withstand the potential impacts from the downturn of
6. Expected Benefits for the Company from the Transaction The disposal of such assets on this occasion serves as part of the business restructuring of products in the category of accessories and