at divesting non-core real estate assets which will positively impact cashflow. Net cash from financing activities increased due to the long-term borrowing for the Saraburi Quicklime acquisition. Short

of last year’s disposal of subsidiaries owning land plots at Bangkrachao; (xi) a decrease in real estate projects under development of THB 620mn. 35,710 46,886 4,352 7,475 40,062 54,361 31 Dec 17 30

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

venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS

Securities Group LLC ("PSG" or "the Firm") is an SEC-registered investment adviser and represents the Public Securities Group of Brookfield Asset Management Inc., providing global listed real assets strategies

to customers as targeted by transferring more than half of the total units in the project. With the success of the development of real estate for sale in the past year, the Company could make a net

Statements of YLP Financial Status YLP Company Limited Statement of Financial Status (Unit: THB Million) 2016 2017 2018 Jan. – Jun. 2019/1 Cash and cash equivalents 68.37 34.09 61.75 86.93 Cost of real estate

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

era to aid our customers in their business operations. In the third quarter of 2019, KBank granted support to customers in food and beverages, real estate and leasing businesses through their issuance

forecast of 3.5 percent, due to anticipated weakness in developed economies throughout the first half of 2019. The global slowdown will not only dampen the international trade and investment atmosphere, but