* Note Please find further information in the consolidated financial statements. 1 9th May, 2018 Subject: Management Discussion & Analysis (MD&A) for the 1st quarter of 2018 Attention: The President
investment risk. It is also an opportunity for Thai asset management company to experience the establishment and management of foreign mutual fund and develop Thai mutual fund industry, including expand
Ref. No. 1805/025EN May 14, 2018 Subject Management Discussion and Analysis for Q1/2018 (Ending March 31, 2018) To Director and Manager of the Stock Exchange of Thailand Ubis (Asia) Public Company
of its normal risk management using a delta-neutral hedging strategy. The Delta hedging strategy requires that the Company continuously adjusts its hedging position as the market moves up or down. If
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flexibility for asset management business; broaden business opportunities; and provide a wider variety of investment choices for investors which contribute the development in Thai capital market. In this regard
flexibility for asset management business; broaden business opportunities; and provide a wider variety of investment choices for investors which contribute the development in Thai capital market. In this regard
management to seek the SEC approval for becoming a REIT manager. The proposed REIT regulations would be more relaxed and flexible than the current ones governing property funds (Type 1). For instance, the unit
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