MDA_EN_1Q24 Management Discussion and Analysis For 1st Quarter 2024 ended May 31, 2024 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated
practical for property fund managers’ lines of work such as Investment in Real Estate, Real Estate Project Development, Strategic Planning of the Projects, Real Estate Management, Consulting for Real Estate
businesses as well as useful and practical for property fund managers’ lines of work such as Investment in Real Estate, Real Estate Project Development, Strategic Planning of the Projects, Real Estate
consolidated financial statements of the Company as of 31 March 2017). Details of the calculation are summarized below. Evaluation Criteria 1. Comparison of Net Tangible Assets Net tangible assets of SGAH x
matters specified in this Notification to ensure practical implementation and to enable the Office to examine such implementation. Clause 5. In the case where the facts appear to the Office that any
Notification prescribing detailed rules relating to the matters specified in this Notification to ensure practical implementation and to enable the Office to examine such implementation. Clause 5. In the case
specified, the Office shall have power to issue the Notification prescribing detailed rules relating to the matters specified in this Notification to ensure practical implementation and to enable the Office
, boosting up margin of the Company Transaction Size The highest value of transaction is based on total value of consideration, equaling 5.67% with reference to the latest audited consolidated financial