date of receiving the completed application and supplementing documents. Clause 7. The custodian may commence such securities business only after the Office has approved that the custodian has arranged

have been arranged in compliance with the requirements in the commitment or the law; (3) provision that the management company can refuse to display any name in the register of unitholders in the case

outstanding of US dollar debts and payable while THB and VND depreciation against US dollar during this period; note that this is non-cash item and the US dollar debts were arranged for natural hedge with our

has arranged an efficient disclosure system to ensure that the material information on REIT has been disclosed correctly and completely, and REIT manager has supervised the compliance with such

million Baht. This comprised of financing costs of 976 million Baht and capitalized interest of 482 million Baht. The rise in the costs was due to increased loans funding the construction of “MahaSamutr

access varieties of funding by themselves for future business expansion. Hence, Spin-off Plan and offer UAPC shares to public together with IPO are regarded as a disposal of assets of listed company

, increased by 382.10 million Baht or 3.73% from the end of the year 2017, basically from the net profit of 2018 and dividend payment. 8. LIQUIDITY ANALYSIS AND FUNDING ADIQUACY In 2018, the company had

Baht. The rise in the costs was due to increased loans funding the construction of “MahaSamutr” and “Nimit Langsuan” projects and the expansion of DEAN & DELUCA in the United States while the Company has

to increased loans funding the construction of “MahaSamutr” and “Nimit Langsuan” projects and the expansion of DEAN & DELUCA in the United States while the Company has continued to pay back the loan

from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the