less accommodative in their monetary policies. Looking forward, global interest rates are therefore likely to be on an upward trend. Amid the trade rift which may make the global economic recovery

of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the

. For residential business, the Company strongly believe that thanks to prime location of the Company’s residential projects as well as demand from foreign buyers looking for a second home in Thailand due

tax cut packages and accommodative fiscal policy. Broadly speaking, both developed and developing economies, excluding China, showed signs of improvement in concert. Looking forward, the global economic

grew 3.78 percent, compared to 1.98 percent at the end of the first quarter of 2017 and 1.46 percent at the end of 2016. Looking ahead into the latter half of this year, loans are set to see accelerating

, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward-looking” statements that relate to future events, which are, by their

. PDI remains actively looking for projects with acceptable risks and substantial returns, in South East Asia and beyond, targeting area’s such as Energy, Eco and Materials. Other M&A targets, when

with installed capacity of 10.5MW in Japan is under construction and expected to COD in Q1 2018, which will boost the total capacity to 50MW. PDI remains actively looking for projects with acceptable

Looking The Company is well aware of the situation of the performance was not in line with the target. The performance of the Company will be improved in Q4/2018. Both revenues and cost will be management

ratio is 0.85 times and lowers than the same period last year. JAS Asset Management Discussion and Analysis, Q3/2019 Page 4/4 Forward Looking Currently, The Company is delivering the condominium units the