tourism sector, which is a key driver of the Thai economy in recent period, grew moderately owing to the growth in the number of tourists of most nationalities; especially tourists from ASEAN countries. For

retail loans. Meanwhile, SMEs loans contracted less due to the implementation of various relief measures by the Bank of Thailand. Under the current economic situation and deteriorating quality of loans

of the Company was recorded at THB 4,721.30 million. The small drop in shareholders’ equity of 0.87% was mainly due to increasing other components of equity offset with a result of the recent dividend

market value of at least THB 10,000 million for the most recent four consecutive quarters. However, such criteria of average market value do not apply to the offer for sale of structured notes in private

terminated after having been employed by the same employer for an uninterrupted period of twenty years or more, receives severance payment of 400 days of wages at the most recent rate. When compared to Q3/2018

terminated after having been employed by the same employer for an uninterrupted period of twenty years or more, receives severance payment of 400 days of wages at the most recent rate. There was also an

construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years, the level of competition in this business, community malls included, became more intense

the Company entered into lease agreement. Since then, Project MET has not started any construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years

private investment. In terms of economic risks, the recent trade war between the United States and China has limited impact on Thailand’s export activities in 2018, but will impose wider effect in the

IVL has been involved in this business for the past two decades, first through a JV with Serm Suk PCL in Thailand and thereafter expanding its footprint in to frontier markets. The current portfolio