and international economic situation, political situation, household debts as well as demand-supply imbalance. In Q2/2019, the LTV (Loan to Value) measures are enforced. Business operators thus need to
contributed by AEON ROP card and AEON Gold card. Thus, the Company has focused on promotion activities to encourage customer’s spending and increase market share. For example the campaign AEON Shop Plus 2018
lounge over 50 airports in Asia. Thus, the Company has focused on promotion activities to encourage customer’s spending. For example the campaign AEON Gift 2019, AEON cardholders register via SMS or AEON
Orchid Plus Platinum Card and AEON Royal Orchid Plus World Mastercard customers when their spending reach specific amount and we also continued a joint promotion with leading department stores. Thus, the
personal loan portfolio. The Company is aware of the issues affecting overall operation, there is thus the measure to address such problems, for instance, searching for more qualified customers and improved
benefits and long-term return. Mr. Malpass received profits from providing investment advisory service in the ordinary course of business. Thus, Mr. Malpass operated securities business as investment advisor
prior to the transfer registration process which cause the land price to be higher than the estimated budget. Thus, with the larger plot of land, the Company plan to build a larger factory, which lead to
domestic CPO of 488,428 tons compared to 188,663 tons in 1Q2020. Thus, the government ordered EGAT to open bidding for CPO suppliers with the remaining approved amount P a g e | 7 - Management Discussion and