maturity with fixed coupon rate of 3.5% per annum, semiannually paid throughout the term with TRIS rating BBB+ and stable outlook. Unit: THB mn 3Q18 3Q17 9M18 9M17 Hotel business 1,008 997 11 1.1% 3,328

loans from financial institutions of THB 1,044mn, which was partially offset by repayment of loans from financial institutions THB (1,735)mn. BUSINESS PLAN AND OUTLOOK In 2020, our Hospitality business

building is in the process of negotiations with potential new tenants after its 3rd floor was occupied in 4Q 2019. The other office buildings including Gracechurch (London) and Noble Comm. Bldg; remained

process of negotiations with potential new tenants. The other office buildings including Gracechurch (London) and Noble Comm. Bldg; remained fully occupied in 2Q 2020. The overall occupancy rate for office

recovered. Bank of Thailand has adjusted down Thailand economic outlook forecast to a contraction of 8.1% for 2020, instead of 5.3% contraction previously forecasted. The crisis of the COVID-19 pandemic has

rating: AA+ (THA), Outlook: Stable Total Equity 75,689 22% 71,657 20% S&P BBB+, Outlook: Stable Source and use of fund 1Q21(Bt mn) Source of fund Use of fund Operating cash flow 21,245 CAPEX & Fixed assets

Total Equity 75,689 22% 78,670 21% S&P BBB+, Outlook: Stable Source and use of fund 1H21(Bt mn) Source of fund Use of fund Operating cash flow 44,189 CAPEX & Fixed assets 10,993 Proceed from LT borrowings

Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: FY22 (Bt.mn) Source of fund Use of fund Operating cash flow 87,762 Dividend paid 22,871

Club and auditors launch the project ?Pride of the Province?, aiming to promote high potential businesses nationwide to raise funds and list on the SET or the Market for Alternative Investment (mai

from the new investments (THB 3 million) and the additional provision for employee benefit as per new labour protection act (THB 24 million). Without the above items, the Company reported 1H19’s