KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 01/10/2012 - 10/10/2012

KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 18/03/2014 - 27/03/2014

KWI ASSET MANAGEMENT COMPANY LIMITED|Specific Fund | Offering Date : 23/07/2007 - 02/08/2007

KWI ASSET MANAGEMENT COMPANY LIMITED|Foreign Investment Fund : FIF | Offering Date : 09/05/2008 - 15/05/2008

KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 03/03/2016 - 08/03/2016

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying

ANALYSIS FOR Q2/2017 2 Economic condition for the year 2017 was expected to grow by 3.6 %, supported by the demand from overseas and the export, following to the economic recovery of the imported countries

DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2018 2 2. ECONOMIC SITUATION Thai economy for the 5 months ended May 2018 continually expanded, supported by

of 2017 continued to recover, primarily supported by the expansion in exports and tourism. Exports registered an 8.0 percent growth year- on-year as a result of higher exports of various types of goods

2018 expanded continuously on the back of robust exports and tourism, which is supported by stronger global economic conditions. Exports and tourist arrivals rose by 9.9 percent and 15.4 percent, from