greater market share. KASIKORN ASSET MANAGEMENT CO., LTD. remained at the top of the mutual fund business. KASIKORN LEASING CO., LTD. saw satisfactory lending business volume in line with the overall

Their Scope of Work (No. 5) dated 23 March 2015 (effective on 1 May 2015). 4 (20)4 “unit” means a trust certificate representing the rights of the holder as beneficiary of a real estate investment trust

-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous

investment technologies plus varied functions in alignment with investor behavior in the digital era. KASIKORN ASSET MANAGEMENT CO., LTD. remained at the top of the mutual fund business. KASIKORN LEASING CO

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

except real estate, leasehold interest in property or seeking benefits by other methods; “property fund manager” means a property fund manager under the Notification of the Office of the Securities and

bring the Company an opportunity to enter into real estate development and retail business adding revenue diversification and minimizing concentration risk in hotel business portfolio. 2018 Capital

houses, parking lot, and club house, where the company will gain from the transfer of this single house. In the future the Company might have plan to continue in real estate business if there is a good

อสังหาริมทรัพย์ (Real Estate Investment Trust) ꃂ 숀  ꃂ⠀Ѐ⤎ 䔀砀挀栀愀渀最攀ⴀ琀爀愀搀攀搀 昀甀渀搀 䌀ᤎ⌎㤎ᬎᜎ⌎ㄎ⨎ᔎ䰎㰎⼀瀀㸀ഀ਀㰀瀀㸀숀  ꃂ 숀 (ง) นิติบุคคลเฉพาะกิจในรูปทรัสต์ (Special Purpose Trust) ꃂ 숀  ꃂ⠀ࠀ⤎ ᜀ⌎ㄎ⨎ᔎ䰎ᜎ㔎䠎䀎Ď㔎䠎

Indices (DJSI) in the real estate industry under the emerging markets indices for the fourth consecutive year (2014-2017). This is a testimony to CPN’s philosophy on sustainable business operations by