Company’s fees and service income in 2Q2018 was Baht 162 million, a decrease of 8% from 2Q2017, mainly from a decrease in mutual fund management fees and registrar fees managed by ONE Asset Management Limited

and private fund management fees for funds managed by ONE Asset Management Limited (the Company’s subsidiary). 1.3 Interest on margin loans The Company’s interest income on margin loans in 3Q2018 was

46.7% to 47.7%. According to the Company has efficiently managed portion of sales for each product group. In addition, at the end of 2nd quarter and during 3rd quarter, the Baht appreciation which affect

in the gross refinery margin slightly decreased from the previous quarter. Crude oil price in Q2/2017 was volatile and drastically decreased in the latter part of the quarter, leading to some part of

consists of the Central Phuket Floresta and Central Phuket Festival, is counted as a single project Overview As of December 31, 2019, the Company managed 34 shopping centers (15 projects in Bangkok

Beachfront of Phi Phi Don Island in Krabi and Santiburi Hotel located on Beachfront of Koh Samui in Surat Thani "Self-Managed Hotels"; (2) Six hotels operate under the Outrigger brand and manage under hotel

"Self-Managed Hotels"; (2) Six hotels operate under the Outrigger brand and manage under hotel management agreements, which consists of two hotels in Thailand, two hotels in the Republic of Fiji Islands

the Thai Baht to be volatile and stronger against the US Dollar as well as the interest rates to be volatile and decline. Meanwhile, the Public Debt Management Office (PDMO)’s bond switching wherein

consistent returns for our customers in a highly volatile market environment. Based on the principle of diversification, we have developed novel formats of investment, especially through investment in

estate sector. 2.2 Market Risk Management Overall, movements in foreign exchange and interest rates during this quarter, at home and abroad, remained highly volatile in line with the global market. With