1 --Translation-- Sor Gor 113/2017 November 9, 2017 Subject: Management Discussion and Analysis for the third quarter ended September 30, 2017 (Reviewed) To: The President The Stock Exchange of
year with strong performances in many product categories including electronics, automotive parts and processed agricultural goods, and higher export value that tracks the higher oil prices. 2) Strong
investment are main supports. The inflation rate in the first quarter of 2018 increased parallel with the domestic oil price at 0.42 percent in February and 0.79 percent in March. Moreover, there is an
inflation rate in the first quarter of 2018 increased parallel with the domestic oil price at 0.42 percent in February and 0.79 percent in March. Moreover, there is an improvement of the unemployment rate
the Stock Exchange of Thailand (SET) or any other organised and regulated exchange in Thailand, e.g. ETF) Representative 20) Name of proposed representative in Thailand
in alternative assets such as infrastructure fund/ REITS/ property fund/ commodity/ gold/ oil and so forth with the fiscal annual average of not less than 80% of the NAV. ▪ In case of the fund with a
exposure in alternative assets such as infrastructure fund/ REITS/ property fund/ commodity/ gold/ oil and so forth with the fiscal annual average of not less than 80% of the NAV. ▪ In case of the fund with
alternative assets, such as REITs/infrastructure funds/ property funds/ private equity/ commodity indices/ gold/crude oil, at an average of not less than 80% of NAV in an accounting period If a fund has an
weaker global demand as a result of slower growth in the number of major trading counterparties, the trade war between US and China, and a decreased global crude oil prices. However, the tourism sector