European fixed income – trends and analysis SEC Classification : ใชภ้ายใน (Internal) - R E S P O N S I B L E I N V E S T M E N T - ESG Incorporation & Investment Strategies in Fixed Income Carmen

the real estate has an income guarantee, specify significant information such as conditions of the income guarantee agreement and information on the guarantor and credit rating (if any); - summarized

commission income, project management fee, guarantee fee income, interest, and others Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31 December 2019 Raimon Land

Including marketing commission income, guarantee fee income, interest, and others 2 Backlog include only sale with sales and purchase agreements Management Discussion & Analysis ( - translation - ) For

to the Licensing Manual for the Public. Clause 7 In case of an application for an offer for sale of newly issued units with a guarantee of income, the applicant shall submit the evidentiary

guarantee of income is provided, specify information such as terms and conditions of the guarantee, description and credit rating of the guarantor; - Specify an estimation of income and expenses of the REIT

specified; (f) method of procuring benefits from the asset of the infrastructure business and details related to the income guarantee of the mutual fund (if any); (g) provision related to additional

million, decreasing Baht 2,221 million or 25.23 percent, over-quarter. The decrease could be attributed to non-interest income which fell Baht 8,785 million, or 54.37 percent, due mainly to the volatility

finance loan or bank guarantee. As a result, the Company has been running the business by its existing cash flow in the Company and having to place the cash in the full amount as a guarantee to the Bank in

with the Company, the “Group” Performance Analysis Income Business categories by 3 mo. Ended 31 Mar. % Change 2562 2561 Mil. Bt % Mil. Bt % Income from Sales 1. Café Sales 2. Non- Café’ Sales (Trading