% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

75% in VGI Global Media (Malaysia) Sdn. Bhd (“VGM”) with a total investment value of THB 360mn. This transaction is expected to complete within the 4th quarter of 2018. VGM is a holding company

quarter of 2018. For second quarter of 2018, the price of pig iron continues to increase while the price of scrap seems to drop from previous quarter. Thus it will become more challenging for the global

to third quarter of 2018, the price of pig iron remained stable at the same level while the price of scrap started to fall continuously. Thus it will become more challenging for the global steel

countries declared free of COVID- 19 while global economy might experience a prolong of stagflation after the initial fall and eventually return to trend growth. With such point of view, the Company needs to

Quarter of 2020, as follows: The Group’s Operation under the Epidemic Situation of Coronavirus 2019 Due to the global epidemic situation of Coronavirus 2019 (‘COVID-19’) and the countermeasures taken by the

use them in Refined Glycerine’s production and commissioning. But the oversupply of Crude and Refined Glycerine in the global market, whilst the largest biodiesel production country has announced to

Eastern regions contracted compared to the same period of 2019 due to the global economic slowdown and the COVID-19 pandemic, which are major negative impact to confidence and revenue of all business

กัด 57,367.16 13.78 CGS-CIMB SECURITIES (THAILAND) COMPANY LIMITED 3 โนมูระ พัฒนสิน จํากัด (มหาชน) 52,937.34 12.71 CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED 4 ไทยพาณิชย จํากัด 51,375.72 12.34