assets or securities of the open-end fund cannot be  reasonably disposed of, distributed or transferred due to reasonable circumstances; ​​​(2.2) The NAV cannot be calculated fairly and appropriately

fairly. The role, duties and responsibility of directors/ executives The board of directors has a good understanding of its roles, duties, and responsibilities to the shareholders who are the public and

policies and procedures are implemented to further the company’s objectives, goals and strategies in support of sustainable value creation. Policies and procedures for running the business fairly and

with knowledge and skills that may reasonably expected as a professional, and with diligence, care, and loyalty. In this regard, the REIT manager shall respond to the unit holders fairly and exercise its

and non-executives and foreign shareholders, should be treated fairly and equally. Minority shareholders whose rights have been violated should be redressed.   3. The Roles of Stakeholders Principle

and non-executives and foreign shareholders, should be treated fairly and equally. Minority shareholders whose rights have been violated should be redressed.   3. The Roles of Stakeholders Principle

and non-executives and foreign shareholders, should be treated fairly and equally. Minority shareholders whose rights have been violated should be redressed.   3. The Roles of Stakeholders Principle

and non-executives and foreign shareholders, should be treated fairly and equally. Minority shareholders whose rights have been violated should be redressed.   3. The Roles of Stakeholders Principle

Administrative Expenses The Company and its subsidiaries recorded administrative expenses of Baht 135 million, a decrease of 3% YoY. Administrative expenses to sales was fairly close to that of 11% in Q1/2019. Q1

+ by Morningstar GFIE 2015. Source: Global Fund Investor Experience Study 2015, Morningstar Thai equity funds are fairly expensive among peers. Thailand 11  “…นักลงทนุมักจะไมค่ ำนงึถงึอตัรำ TER เนือ่งจำ