share of PAF Total value of transactions : Amount 11,488,125 baht Total book value (31/12/19) : Amount 11,487,869.25 baht 3. Reasons of the Shares Purchase : Due the PAF ceased its business as a futures

of CVHLUX as of 30 September 2017, respectively. CVHLUX is a holding company which invests in 100% share of the registered and paid-up capital of Intercarabao Limited (“ICUK”), of which the business

offering share subscription to CVHLUX 2. Relevant Parties and Relationships with the Listed Company  ICSG is an unrelated party of Singaporean business partner with the Company, holding 49.0% of registered

QUARTER ENDED 30 JUNE 2017 LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2017 Page 2/22 Overview of Business Operation LH Financial Group

THB 187,436,954,750 by issuing not more than 27,732,242,204 newly issued ordinary shares, at the par value of THB 5 per share: (1) To accommodate the allocation of 3,425,090,482 newly issued ordinary

capital of THB 187,436,954,750 by issuing not more than 27,732,242,204 newly issued ordinary shares, at the par value of THB 5 per share: (1) To accommodate the allocation of 3,425,090,482 newly issued

reduction. In the contrary, Export Branded Business sales increased 6% YoY mainly due to sales increase from fruit juice and dairy products that grew 26% YoY. However, Long Quan Safe Food JSC (LQSF) Vietnam

The Company will enter into the transaction by accepting the transfer of business from Best Alternative Energy Co.,Ltd. ("BEST"), which holds 1,071,818 shares of GS, or 21.87% of 216.40 million baht

1,221.6 81.8% Share of Profit from Investments in Associates and JVs 491.3 693.3 202.0 41.1% Total Cost 773.7 1,248.6 474.9 61.4% Gross Profit 603.8 1,314.7 710.9 117.7% Net Profit 334.5 972.4 637.9 190.7

and personal loan lead generator. 3. Income from insurance business in Q3/2018 wat 35.1 million baht which is the revenues from non-life insurance that the Company acquired a majority stake since Q2