capital market as a significant vehicle in driving the country's infrastructure development as it could provide opportunities for state and private entities to use income-generating projects to raise fund
mobilization that better responds to private sectors? demands.??|The draft amendment lays out more convenient terms and conditions for converting into REIT as it is a more efficient fundraising vehicle that is
on the government's budget and public debt. Infrastructure funds could be established in a variety of forms suited for each type of operational structure. Securitization is also another vehicle to
on the government?s budget and public debt. Infrastructure funds could be established in a variety of forms suited for each type of operational structure. Securitization is also another vehicle to
promote REIT as an important vehicle for fund raising and investment for long-term growth of real estate development in Thailand.The approval for REIT bond offerings and information disclosure will be in
range. 2) Car Dealerships Business; Higher sales in dealership business both in Thailand and Malaysia. In Thailand, sales growth was driven by openings of Mazda and MG showroom in Thailand in October 2021
Management Discussion and Analysis for the year 2023 2 Thailand car production decreased by 12.3% in Q4 2023. The decrease in revenue was due to the following reasons: 1) Automotive Parts Business; Lower
higher value product range are the main driver for higher revenue. We report growth in all our key markets; Thailand, Portugal and China grew 3.6%, 7.1% and 12.7% year-on-year respectively. 2) Car
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
for its machine expansion and back office management.) The Company expects to operate the electric motorcycle charging and battery replacement service stations and electric vehicle charging stations in