in support of the national policy of making Thailand a cashless society. We always strive to bolster our capabilities in providing services via digital channels to promote increased digital
securities sold is less than the minimum amount specified by the issuer, the reasons for the cancellation of the offer for sale, and the securities subscription, etc.) - State the warning statement for
7 3. Business Directions and Operations of Core Businesses 9 3.1 Sustainable Development and Corporate Governance 9 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of
continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same
Core Businesses 7 3.1 Sustainable Development and Corporate Governance 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK 8 3.3 Customer Segments and Services 8
Magic Company Limited (“Carnival Magic”) for the construction and operation of Carnival Magic Project. Carnival Magic is an indirect subsidiary of the Company, owned by Phuket Fantasea Public Company
invest in the Company to support and increase the (Translation) Enclosure 1 3 liquidity of the Company. Such company is a wholly-owned subsidiary of the ultimate parent company, namely Argyle Street
was 17.96 percent, with a Tier 1 capital ratio of 15.66 percent. The operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the
operation of Carnival Magic Project. Carnival Magic is an indirect subsidiary of the Company, owned by Phuket Fantasea Public Company Limited (“Phuket Fantasea”), the Company’s subsidiary with 99.92
of the Company. As of December 31, 2018, SPI directly and indirectly owned 25.91% of the total issued and paid-up shares of the Company. Furthermore, the Company and SPI has 2 common directors. Hence