reflected in financial statements. Investors need access to information on how companies are managing such factors when assessing a company’s present and future valuation and the company’s ability to

market, directly or indirectly. And publicly listed companies provide for more than 200 million jobs. The Principles also address the rights of these stakeholders and their ability to participate in

cost was due to the ability to maintain low financial cost as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term borrowing, which is

period that gives credit term to each customer. 4.4 The ability to procure additional sources of capital. The Company already has adequate financial facility, therefore no need for additional capital. 4.5

considering income and ability to repay. After adjusting, there was an increase of quality customers as well as the average credit limit per person raised since the first quarter of 2018. 1Q/2018 2Q/2018 3Q

decrease in finance cost was due to the ability to maintain low financial cost as well as the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term

times. This was due to the fact that net loans decreased while shareholder equity increased. The significant decrease of total debt to total equity ratio of the Company was due to the ability of revenue

debt to total equity ratio of the Company was due to the ability of revenue recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company

customer. 4.4 The ability to procure additional sources of capital. The Company already has adequate financial facility, therefore no need for additional capital. 4.5 The ability to repay debt and to follow

license under the regulatory sandbox shall be able to demonstrate the ability to proceed in accordance with such procedure and internal control system throughout the period of providing services as a