adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the

-Japan Hedge Fund award in 2011, Asiahedge Fund award in 2010 and Eurekahedge Best Asian Distressed Debt Fund award in 2007. ASM’ s experience regarding the printing and media business which is in line

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...

42.58 percent compared to the previous quarter, which was still better than the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter, but

regulations which will take effect in 2020, especially the Thai Financial Reporting Standards (TFRS9), and capital requirements, as well as other additional measures intended to mitigate the household debt

of its value enhancement project (adding 45 villas and upgrading facilities and common areas) in late 2016. On a QoQ basis, performance of hotel business grew by 41%, as first quarter of the year is

, namely, Lumpini Park Beach Cha-am 2, Lumpini Suite Din daeng-Ratchaprarop and The Selected Kaset-Ngamwongwan by L.P.N. with the combined value of 3,150 million THB. Therefore, during the first half of 2017

, driven by the increase of bank loans to finance the investment of SGAH. Total shareholders’ equity increased by Baht 491 million, attributable to the increase from net profit in the first half of 2017 and

caused by: • Prepaid rental of land and buildings increased by THB 900.17 million, resulted from prepaid the first 20% lease rental related to Mixed Use Project to The Crown Property Bureau. • Investment

RATIO Debt to Equity 0.33 Times 0.36 Times 0.34 Times 0.40 Times Interest Coverage N/A Times N/A Times N/A Times N/A Times Debt Coverage (Cash Basis) 1.01 Times 0.93 Times 0.77 Times 0.96 Times Dividend