preferred shares to Bangkok Bank Public Company Limited (BBL) at an offering price of THB 0.034, raising proceeds totaling THB 897mn 28 February 2018: VHE Bratislava Real Estate s.r.o., a wholly owned

from the Sansiri JV, which recognised transfers of The Line Wongsawang,The Line Ratchathewi, The Line Asoke-Ratchada and The Base Garden Rama 9 projects during the quarter. Finance costs were THB 133mn

accordance with the resolution of the Board of Directors’ Meeting No. 3/2018, held on 26 February 2018, approving an investment in real estate project relating to hotels and resorts which is considered as an

passed a resolution to approve an investment in real estate project relating to hotels and resorts by a subsidiary to be established by the Company under the laws of Singapore, with 100 percent of its

venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS

(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has

COMPANY LIMITED AI ENERGY PUBLIC COMPANY LIMITED AIKCHOL HOSPITAL PUBLIC COMPANY LIMITED AIM COMMERCIAL GROWTH FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST AIM INDUSTRIAL GROWTH FREEHOLD AND

first quarter of 2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline

2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline during the end of

companies and securities held for trading in 4Q19. The Company's investment in 2019 was in line with the long-term strategic plans: Balance, Diversify and Expand. In addition to the investment in ECC which