Ref: SP 2020/008 Date : May 14, 2020 Subject : The Explanation to SET concerning the operating result for Q1/2020 more than 20% Attention : The Director and Manager of the Stock Exchange of Thailand
1 / 4 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year ended 31 December 2019 • Explanation and
2024 annual compliance reports. In this front, reporting of any non-application or unfinished application of the recommended guidelines shall be accompanied by the explanation of the associated
already investigated TTA shareholding structure and request explanation from relevant persons. Under the SEC regulations, any person and persons hold or announce intention to hold at least 25% stake in TTA
explanation from the company directors in order to make a prudent decision on their voting. The SEC requires that any material acquisition and disposal of assets subject to the shareholders? approval must have
management companies must provide explanation concerning the funds for investors? understanding and must also take necessary steps to ensure that investors learn of associated risks prior to making investment
as two separate line items in the audited financial statements for the years ended 31 December, 2016, 2017 and 2018, but are reclassified to be presented as a combined line item, “ interest income from
consideration of an offer for sale of newly issued shares at discount; (6) “offer for sale of warrants at discount” means an offer for sale of newly issued warrants of which the offering price combined with the
the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However