quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm

, industrial sector and tourism sector. Domestic demand continued to expand from private consumption following the fundamental factors supporting overall purchasing power, while private investment contracted

is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a

2018 to maintain the growth rate, having factors including the recovery of construction material market after the improvement of purchasing power of the provincial customers and also the construction

(Thailand) Limited and Demo Power (Thailand) Company Limited. VGI’s considerable and growing data pool will serve as the key to unlocking synergies between the aforementioned entities. Having these 3

bring back consumers’ purchase power for home repairs. Moreover, operators of modern construction material retail stores are still increasing the number of branches and group of project customers have

investment to power the turnaround of U City’s business. We’re encouraging growth in our hotel portfolio through both renovation of existing hotels and new operating leases of hotels to ensure that we benefit

estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power.   For recurring income business, the Company had adjusted

target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be

external factors, such as the overall domestic economic condition causing diminishing confidence and lower purchasing power, international trade war, and the appreciation of Thai Baht. The Company focused