or conditions prescribed in the relevant Notifications, but a certain fact leads to it being considered that the true objective or the substance of the management of such mutual fund constitutes an
leads to a significant increase in online shopping. The Company has implemented customer-centric omni-channel platform since many years ago through the ‘Central at Your Home’ campaign and our omni-channel
minimum order due to the 2nd and 3rd waves of COVID-19’s breakouts since the beginning of 2021, which leads to less travel activities among Thai citizens who are more concerned and cautious about traveling
reduction in customer contact leads to a decrease in selling expenses such as expenses related to customers, etc. Furthermore, the cost of impairment loss on financial assets in 2021 decreased by 93.4 million
namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could
household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could negatively impact export and investment 3) Less surplus of Thailand’s
percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and
restrictions leads to traffic improvement more than 60-70% of normal level as of June 30, 2020. Only malls exposed to foreign tourists have only recovered slightly as much of the tourist traffic remained absent
and 50.6 percent in Asia Pacific. This leads to a decrease in passenger load factor (PLF) by 12.4 percent compared to the same period last year. Worldwide average passenger load factor (PLF) for the