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

December 31, 2017 to Baht 89,613 million as of June 30, 2018, primarily due to an increase in property, plant and equipment, and intangible assets.  Total interest-bearing debts decreased 0.6% from 53,856

company will acquire shares equivalent to 37.5 percent, and has expended Baht 324,999,779.28 in negotiation process in acquiring such shares. The Company appointed the Sims Property Consultant Co., Ltd

expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of

an increase in property, plant and equipment, and intangible assets. • Total interest-bearing debts increase 3.6% from 53,856 million as of December 31, 2017 to Baht 55,774 million as of September 30

. The Company appointed the Sims Property Consultant Co., Ltd. (the “Sims”), the independent valuer, to verify financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the

level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in

involves the disposal of real property, which are convenient and of interests to general buyers and investors, and as such, the Board of Directors has not determined the Fair Price with any discount, the

to remain subdue stemming from 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to exports growth and 2) the continuing high level of

remain subdue stemming from 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to exports growth and 2) the continuing high level of household