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has invested in the real estate business in August 2019, which is the beginning period of the business operations, resulting in operating losses. The company expects to recognising revenues and costs in
serviceability of SMEs, maturity mismatches among businesses, particularly in the real estate sector, and the search-for-yield behavior in the prolonged period of low interest rates that could lead to the
real estate development loans and SMEs loans, details are as follows: Real estate development loans (RE) totaled Baht 30,682 million, with continuing expansion of 5.6% from the end of 2018. SMEs loans
portfolio increasing to 15.1% during 2Q19. Commercial Lending business amounted to Baht 56,151 million, expanded slightly by 0.6% from the end of 2018. Commercial Lending includes real estate development
(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has
investment restrictions while expanding the range of ASEAN CIS to include real estate investment trusts. The ACMF continues to focus on enhancing capacity building through the ACMF Market Development