the low price pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 72/2558 Re: Approval for Listed Companies to Offer Newly Issued Shares through Private Placement (as

rate of 2.00 percent p.a. In entering into the transaction which is considered a connected transaction in accordance with the notification of the Capital Market Supervisory Board No. Tor Chor. 21/2551 Re

percent p.a. In entering into the transaction which is considered a connected transaction in accordance with the notification of the Capital Market Supervisory Board No. Tor Chor. 21/2551 Re: Rules on

is a transaction on disposal of assets under the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or

- The entering into the transaction constitutes an asset acquisition transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551, Re: Rules on Entering

business license shall obtain securities business license only when it has the following qualifications: (1) having paid up registered capital not less than the amount specified in the notification of the

amount of Baht 9,700 million with rating A- through private placement offering with over subscription 2 times amidst challenging market condition. The Debentures have a term of 2-10 years with effective

regard, the Transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions

Discussion & Analysis (MD&A) Q4/2017 and FY2017 3 • Q4/2017 and FY2017 market environment Thailand’s Gross Domestic Product (GDP) has grew by 3.9% in 2017 which exceeds the 2016 by 0.7%, after recovering in

oversubscribed shares only when there are remaining unallotted shares after the first allotment to all existing shareholders who subscribed for shares proportionate to their shareholding. The allotment of the