Limited Management’s Discussion and Analysis (MD&A) Page 2 of 13 Major Events in 2Q18 Announced new malls in 2019: “Central Village”, a new shopping platform, and “CentralPlaza Ayutthaya” Announcement of

letter to its shareholders within 21 days of the date of disclosure of this transaction to the SET. In addition, the entry into such transaction is considered a connected transaction of the Company in the

exceeding 35 percent in aggregate to not exceeding 49 percent in aggregate of the total number of shares sold; (2) be in accordance with the Announcement of the National Council for Peace and Order No. 74

Transfer Plan between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”), which shall be incorporated within 30 April 2018. SUTGH shall have three shareholders, which

between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”), which shall be incorporated within 30 April 2018. SUTGH shall have three shareholders, which are

case that the Company does not received such deposit within the period specified by the Board of Directors, the Company may arrange the Board of Directors’ Meeting to annul the approval for the capital

-changing consumer behavior. Given the increased degree of uncertainty in global economies and politics, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Within this

accordance with the rules and within the period of time as follows: (1) in case of a significant event which may affect the value of the liquid assets or insurance , the value of such liquid assets or

the rules and within the period of time as follows: (1) in case of a significant event which may affect the value of the liquid assets or insurance, the value of such liquid assets or insurance shall be

FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10