Stock Exchange of Thailand Reference: Letter No. OP. 435/ 2019 dated 12 December 2019 on the entering into the Conditional Share Purchase Agreement for the acquisition of a majority shareholding in PT

has also prompted the Federal Reserve and other major central banks to signal that no more rate hikes will be seen over the remainder of this year. In Thailand, most major economic indicators were on

cash for the benefit of this ongoing business, to repay long-term loans from financial institutions and loans from a connected person, reduce interest expenses and to pay office rent. Whereas the rest

affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state

in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown

the ongoing management of the product mix and improved assortment planning for all product range. This includes product development under the private brand to enhance the gross margin. In March, the

of Capital Flow The Company will use its excess cash flow for this acquisition and still have adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the

adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the Transaction The Board of Directors’ Meeting No.3/2017 held on 24 August 2017 considered the Transaction as

* AIA Diversified Fixed Income Fund Class Z USD 3.00% 1.00% UCITS % 0% Ongoing Charge 0.16% UCITS Performance Fee : AIA Diversified Fixed Incom Fund Class Z USD 2564 www.aia.com/en/funds-information. * l

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