Academy will be complete by the first quarter of 2020 under the relevant conditions as follows: 1) The Extraordinary General Meeting of Shareholders No. 1/2019 resolves to approve the Company to enter into

, complete and updated information in accordance with the rules or [ii] from disclosure of false information, concealment of information that should be disclosed, or disclosure of misleading information on the

; (b) the information and statements which appear in the application for approval are correct, complete and free from misleading messages, and the certification of information and statements in this case

this report is true and complete in all respects. Sign................................... Authorized Director Sign...................................Authorized Director (Mr.Panya Boonyapiwat

the published financial statements to get complete details and understanding. The consolidated financials are based on the elimination of intra-company (or intra-business segment) transactions. For this

is also proceeding according to plan, which was 25% complete by end December. We expect to finish construction of the international school by 1Q 2020. MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019

footprint basis Notes We recommend that investors always read the MD&A together with the published financial statements to get complete details and understanding. The consolidated financials are based on the

and complete in all respects. Please be informed accordingly Sincerely Yours, -Signature- (Mr. Teerawit Charuwat) Director and Chief Executive Officer

opinion of the Board of Directors -None- The company hereby certified that the information of this report is accurate and complete in all respects. Please be informed accordingly Sincerely Yours, -Signature

flexible packaging lines are ordered from multiple vendors, there is a risk of delays in ordering components to integrate into complete production line. The installation of the main machine components must