Federation of Accounting Professions or justifiable in case of any difference therefrom). The applicant shall provide details of the company for which the applicant has affixed signature in giving opinions on

big difference of investment money compared to the assessment report by the hired EY even though both assessment reports similarly showed the mine sites to be in the jungle areas and had

LEASEHOLD REAL ESTATE INVESTMENT TRUST AIM INDUSTRIAL GROWTH FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST AIRA CAPITAL PUBLIC COMPANY LIMITED AIRA FACTORING PUBLIC COMPANY LIMITED AIRPORTS OF THAILAND

than that specified in accordance with the rules in the Notification of the Capital Market Supervisory Board concerning Issuance and Offer for Sale of Units of Real Estate Investment Trust or the

for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of

detail as follows: I. The operating revenue breakdown by business segment In the third quarter and 9-month period of 2019, the Company and its subsidiaries’ revenue from sales of real estate decreased from

which affected employment and domestic demand*.  However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real

" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two

ากัด (มหาชน) (“บริษัทฯ”) ครัง้ท่ี 1/2561 เมื่อวันท่ี 14 กุมภาพนัธ์ 2561 ได้มีมติอนุมตัิให้บริษัท ช่ือ VHE Bratislava Real Estate s.r.o. (“VBRE”) (ซึง่เป็นบริษัทย่อยท่ี จัดตัง้ขึน้ใหม่โดยบริษัทฯ ถือ

Bratislava Real Estate s.r.o. (“VBRE”) (ซึ่งเป็นบริษัทย่อยท่ีจัดตัง้ขึน้ใหม่โดยบริษัทฯ ถือหุ้ น ทางอ้อมในสดัสว่นร้อยละ 100 ของหุ้นท่ีจ าหน่ายได้แล้วทัง้หมดผ่าน Lombard Estate Holdings Limited ซึง่เป็น บริษัท