follows: THB’000 Consolidated F/S ∆% Separate F/S ∆% 2018 2017 2018 2017 Revenues from Sales and Services 2,060,114 2,473,795 -17% 1,640,996 1,631,566 1% Interest income 2,302 1,045 120% 679 36,148 -98

” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the six months period ended Jun 30, 2019

less than 50.17% over the transaction period. - 2 - Transaction size The calculation of the transaction value is based on the financial information set out in the consolidated financial statements of the

Performances of K Companies and Muang Thai Life Assurance PCL 28 4.6 Capital Requirements 29 4.7 Credit Ratings 30 5. Operations of Support Groups 32 5.1 Human Resource Management 32 5.2 IT Management 34 1 1

that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made pursuant to the conversion of loans that

or approximately THB 846.7 million so that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made

ENDED MARCH 31, 2019 1. Analysis of operation results for Firs quarter of 2019 in compar ison with those for the same quarter of 2018 (from the consolidated financial statements) Items First quarter of

Stock Exchange of Thailand Seamico Securities Public Company Limited and its subsidiaries (“The Company”) would like to report the consolidated operating result that has been audited by our auditor for

) operating results based on its reviewed consolidated financial statements ended 31 June 2017 as follows. Highlights on Q2-2017 Operating results Unit : Million Baht Q2-17 Q2-16 Q1-17 % Change Amount % Amount

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: Q4’19 and FY2019 26 February 2020 FY2019 Management Discussion & Analysis Page 1/6 Financial