KASIKORN ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 27/11/2018 - 12/12/2018

KASIKORN ASSET MANAGEMENT COMPANY LIMITED|Cross Investing Fund, | Offering Date : 18/08/2020 - 25/08/2020

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and

in the future. For Elastic Segment for Clothing and Textiles; There is still intense price competition in foreign markets. Moreover, many garment manufacturers have moved their factories to Vietnam

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

. However, intense price competition resulted in 11%YoY drop in ARPU. AIS Fibre revenue in FY20 grew 22%YoY and accounted for 5.3% of AIS core service revenue. Enterprise business grew with digitalization

in 2H18. Expanded fixed broadband and strengthened digital services AIS Fibre continued to grow healthily, despite intense competition, with revenue reaching Bt4,436mn, a 42% increase YoY. The growth

broadband remained intense in 3Q20 due to continued low price packages starting from Bt299 for 100Mbps, which is lower than industry ARPU, in response to the macro low-spending environment. Speed and device

, exceeding our target of 1.6mn subscribers by the end of this year. However, intense competition resulted in ARPU to dropped -5.9% YoY and - 0.5% QoQ. Mobile Business 3Q20 2Q21 3Q21 %YoY %QoQ Subscribers