last year. KEY HIGHLIGHTS • Total revenue increased by 12.6%, mainly from increase in income from sale of real estate and other income. • Share of profit from associates and joint ventures increased by

accordance with the resolution of the Board of Directors’ Meeting No. 3/2018, held on 26 February 2018, approving an investment in real estate project relating to hotels and resorts which is considered as an

Grand opening of Phuket and Don Mueang branches The company officially opened the Phuket branch office on January 20, 2020. This branch office is responsible for managing the real estates and customers in

and paid shares. 1.3 Grand opening of Phuket and Don Mueang branches The company officially opened the Phuket branch office on January 20, 2020. This branch office is responsible for managing the real

fund manager who performs the duty of making decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other

decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other methods; “ property fund manager ” means a property

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

Analysis (MD&A) 2019 Page 4/8 6. Property Development Business and Retail Rental Space JAS Asset Public Company Limited ("J"), a company considered as the property developer, conducting in the business of

Property Bureau of THB 771 million, (2) an increase in available-for-sale investments of THB 111 million resulting from fair market value adjustment, and (3) a decrease in property, plant, and equipment (PP

real estate or leasehold right of the following mutual funds: (1) property fund; (2) property fund for solving financial institution problems; (3) mutual fund for solving financial institution problems