investment in renovation of Advertising Media located on the columns under the BTS Sky Trains December 14, 2018 1 Information Memorandum regarding the Acquisition of Assets of Master Ad Public Company Limited

. 3) Gradual expansion of private consumption as consumer confidence continues to improve and 4) Other supporting factors, namely public and private investments and proposed stimulus schemes, such as

, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural

private consumption in almost every product category, in-line with the improving consumer confidence indicator, with the exception of some agricultural products whose prices remained at low levels, and last

sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The

million, results include the planned River Wing renovation works which significantly reduced available room inventory for sale. The target opening in October 2019 has been delayed, however the risk

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

decreased by Baht 217.1 million or 49.0% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah

income for the first quarter ended 31 March 2019 decreased by Baht 158.2 million or 22.9% compared to the same period last year which was resulted from the renovation of the River Wing building that

220.9 million or 55.4% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah, Riverside Terrace, and