-use development projects, as many of GLAND’s assets are located in high-potential locations capable of large-scale project development, thus increases the competitiveness in the industry and create
thoroughly economic growth can spread to all sectors. However, given commercial banks’ relatively high capital base in combination with consistent increases in provisioning reserves, the commercial banking
deducting shares discount, only the portion which increases or decreases as a result of the company’s capital increase or decrease after the date specified in the Form under (1); (3) proceeds received by the
the previous year mainly due to increases in administrative expenses to support business expansion, renewable energy project development expenses, and write-off of deposit and work in progress totaling
due to increases in fees from loan-related services and investment banking services. Operating expenses increased by Baht 3,309 million due largely to higher expenses for system developments and
million baht or 3% from last year. This was as a result of an increase in personal expense by 4% caused by increasing employment of the Company’s subsidiaries, increases in rental cost of the Company’s
Placement and an issuance of convertible bonds in US$ currency. These were resulting in increases in Cash and Short-term investments. Page 6 of 6 b) Sale of 49% stake in The ESSE Sukhumvit 36 to HKL (Thai
December 31, 2017, the Company's total liabilities increased by 525.6 MB or 32.3 percent from the date of December 31, 2016, the increases in total liabilities are from major changes of the following: Trade
convertible bonds in US$ currency. These were resulting in increases in Cash and Short-term investments. b) Sale of 49% stake in The ESSE Sukhumvit 36 to HKL (Thai Developments) Limited. The joint venture (51