domestic demand continued to expand driven mainly by improving of agricultural sector and government measures to support low-income households. As of May 31, 2019, the Company’s total cards reached 8.63

back to the Company. Not only macro factors benefit to the Company, but also the data from the Bank of Thailand support that Gross NPL at the end of 2018 was 439,790 million Baht higher than 14,211

repay cash back to the Company. Not only macro factors benefit to the Company, but also the data from the Bank of Thailand support that Gross NPL at the end of 2018 was 439,790 million Baht higher than

fee 150 THB per square meter Lease Term : 2 years (period : August 1, 2019 – July 31, 2021) The Cost of Rental and Service for 2 years : 3,420,000 THB Bail : 427,500 THB (To receive deposit money back

: 35.95mb) , increased by 12.18mb or 33.9% . SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed a debt written back in Q2

written back in Q2 2018 of 4.70mb and 3.6mb of exchange losses booked in Q2 2019 in relation to our exposure in foreign currency as a result of strengthening of Thai Baht. We have also booked higher staff

(BOT)1 summarized that the Thai economy continue to expand supported by the increasing farm household income and total nonfarm payroll income. Moreover, Consumer Confidence Index showed an uptrend when

services of the 52%-owned NVD. The initiative to expand residential business to landed property took place in April 2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company

, the reported revenues were from sales of housing units and home building services of the 52%-owned NVD. Page 3 of 6 The initiative to expand residential business to landed property took place in April

quarter, the Company continues to grow substantially on the back of the collaboration with newly acquired companies and the development of media portfolio to digital platforms. We once again posted