non-recurring items, namely the insurance claim from the terrorism risk protection amounted THB 3,500 mn, the conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into CPN Retail Growth

about security to the Group in the long-term by means of investing in other real estate business such as hotels, serviced apartments and offices for rent in order that the Group will generate recurring

apartments and offices for rent in order that the Group will generate recurring income in the future. 8.2 The Company anticipates that the project will expand and increase its business opportunities, as well

) Mr. Jonathan Maxwell Wigley 2) Ms. Nopparat Pongwatanakulsiri 3) Mr. Kavin Kanjanapas 4) Mr. Rupert Thomas Simoner 5) Ms. Johanna Weichselbaumer Source of Funds: Cash from the working capital In this

Limited (FSMART) 1Q18 Management Discussion and Analysis As at 31 March 2018, FSMART had total assets of Bt4,088.84mn, decreasing 4.0% YoY, mainly from a decrease of current assets from cash and a decrease

Lapin” Source of Fund Working Capital which will not impact on liquidity and cash   2 flow of the Company Expected Benefit 1. To expand Business Opportunity in retail business 2. To earn an investment

contract date which is October 20, 2017 8. Source of Fund : 30 % from the Company cash flow and 70 % of loans from the bank, so that, this loan application has no condition or limitation related to the

company’s working capital (7) Term of payment : Pay in cash fully in one time (8) Connected transactions : None (9) Acquisition and disposition of assets Transaction volume : Does not come under the scope for

would not be in time for use. Karmarts Public Company Limited as a shareholder of The Iconic Property Company Limited, therefore, considered giving loans from Karmarts Public Company Limited whose cash

and Criteria used in determining value of transaction The total value is amount of 27,009,900 baht which the company will pay by cash to the seller. The selling price is appraised by GPV Global