PHILLIP ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 16/04/2021 - 26/04/2021

-competitive environment. The revenue recorded at Bt10,064mn, an increase of 19% YoY. AIS focuses on a fixed-mobile- content convergence (FMC) strategy alongside consistent service standards and introducing

ศ. ดร.พรอนงค์ บุษราตระกูล เลขาธิการ สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ (ก.ล.ต.) กล่าวปาฐกถาพิเศษในหัวข้อ “The Right to a Clean, Healthy and Sustainable Environment: Redefining

demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS

consistent returns for our customers in a highly volatile market environment. Based on the principle of diversification, we have developed novel formats of investment, especially through investment in

reviewed to be more consistent with the current market landscape. This will benefit further development of international cooperation to be more comprehensive and efficient.

Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the First Quarter of 2018 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk

environment of both the public and private sector remained weak, and private consumption, albeit growing steadily, slowed during the second half of the year. Meanwhile, the Thai economy in 2020 is expected to

255 million or 1.11 percent in net interest income, derived from rising interest income from investment. KBank maintained key financial ratios at levels consistent with our overall economic performance

investments are consistent with EGCO’s key investment strategies on seeking new opportunities to acquire operating assets and complete the construction of projects on schedule which generate revenue to EGCO