the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

V2 24/08/60 09:22 น. 0 V2 24/08/60 09:22 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Thai Economy in the Second Quarter of 2017 The Thai economy in the second quarter

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter

UNOFFICIAL TRANSLATION Codified up to No. 10 As of 24 October 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

UNOFFICIAL TRANSLATION Codified up to No. 10 As of 24 October 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference Form 69-REIT REIT Registration Statement

shall also be disclosed. • Name of the asset management company managing the master fund (if any) • Investment management strategy such as: − aiming to achieve performance by tracking the benchmarks

Unofficial Translation Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. LOGO (Form 123-1) ………..…. Asset Management