SCB ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 21/07/2020 - 31/07/2020

บริษัท หลักทรัพย์จัดการกองทุนไทยพาณิชย์ จำกัด|กองทุนรวมหน่วยลงทุน (Fund of Funds) | วันที่เสนอขาย : 21/07/2563 - 31/07/2563

speed unlimited price plan while handset subsidies were more locally- focused compared to last year. With accumulation of fixed- speed unlimited subscribers, revenue and ARPU have been pressured. However

of handset subsidies ( See Significant Event) . Considering relevant comparison, throughout 2019 the discussion of AIS's performance will be based on without TFRS15. Significant Event Since Jan-19, AIS

all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase

- retail investors. The greater extent of offering to retail investors will not only widen investment alternatives, but also expand business opportunities for the mutual fund operators and propel integrated

market has remained competitive since end-2017. Overall, operators more carefully spent on marketing activities. Postpaid segment continued to be the main focus where handset subsidies and network quality

re-contract customers with steep discount. Integrated players continued to attract customers with bundling plans (home broadband, mobile and contents) aiming to realize customer value in the long term

restriction measures limiting business activities while government offered some subsidies that partially supported consumer purchasing power. Restrictions were gradually relieved beginning September including

Bt60,735mn, increasing 7.8% YoY. SG&A expenses were Bt21,719mn, increasing 12% YoY, mainly from continued investment for brand perception, handset subsidies as well as the legal severance pay recognized in