becoming a publicly traded company. Participated business with potential to be qualified to go public will be advised by financial advisor and auditor to help restructure its organizational management to be

Provinces Project has elevated Thai capital market?s role in the country development as it provides more opportunity and access for business to long-term fund source. By participating in the Project, the

include going public and becoming a listed firm or PE trust. With PE Trust, businesses will not only have access to fund source for expansion but will also gain management expertise from professionals

expertise, stimulate experience sharing and CG implementation among directors and management of Thai listed companies. All these aspects have generated Thai listed companies? quality growth through promotions

) (Efficient Portfolio Management) . . . / . . . (Reverse Repo) (non-investment grade) / (Unrated Securities) 20 AIA-GAA 2 • 20 (Active Management) / / / / ( / REIT ) 90 % 10 % ? 1. AIA New Multinationals Fund

? 30 2564 AIA Global Moderate Allocation Fund (AIA-GMA) . ( ) : - ? ? . (Cross Investing Fund) (Fund of Funds) AIA-GMA 1 • 1. AIA Diversified Fixed Income Fund AIA Investment Management Private

Fees to be charged to the fund (% of NAV per annum) Yield to Maturity Country Allocation Fee items Maximum charge Actual charge Management fee Total expenses Remark

@halcyon.co.th No. CS-2563/003 27 February 2020 Subject: Management Discussion and Analysis for the Year Ended December 31, 2019 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public

14 November 2019 Subject: Management Discussion and Analysis for the 9-Month Period Ended September 30, 2019 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public

Error Average Maturity of Debt Instruments Fees to be charged to the fund (% of NAV per annum) Yield to Maturity Country Allocation Fee items Maximum charge Actual charge Management fee Total expenses