secured online shopping transactions, the 3D-Secure aims to greatly reduce risk of fraud and chargebacks. Therefore, ASB Cambodia is required to pay the development fee of 734,461 baht to AEON Systems. 3

percentage is agreed on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. 3.2 The

considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. Based on

Transaction in such shareholding percentage is considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares

3 4 5 6 3Q 2017 4Q 2017 1Q 2018 2Q 2018 GDP Headline Inflation Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and Ministry of Commerce Ye ar- on -Y ea r

2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance

facilitates the development of mechanisms for GHG emissions reduction and leads to sustainable low carbon growth, and  Enabling Environment for Climate Change Management, which seeks to build capacity around

investment LPN made in the above real estate development project and the establishment of a joint- stock company is to bring about long-term business growth. It will generate more income for LPN as it is

relation to a project development under BMP-8 and ii) write-off project in progress of THB 0.42 million. The Group Company had terminated the development of three renewable energy projects in Japan because

. The domestic economy recovered at a modest pace. Public spending and private consumption remained to be the main growth drivers. Private investment remained at a similar level compared to the same