UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Office of the Securities and Exchange Commission No. Sor Nor. 87/2558 Re: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Funds, and Private Funds ______________________ By virtue of Clause 6, Clause 8, and Clause 9 of the Notification...

of 2017 was Baht 1,383.38 million, increasing by Baht 505.49 million or 57.6 percent from Baht 877.89 million in the 2 nd quarter of 2016. The main reasons were as follows:- 2.1.1 The profit of Hongsa

-controlling Interest 1.24 (0.37) 1.61 435.14% Management's Discussion and Analysis and operating results for the Year 2018 Page 3 / 10 3.1 Revenue Total revenue (core revenue and other revenue) as increasing

significantly escalated from 1Q2019 thanks to the Government’ s announcement of B10 biodiesel as the mandatory diesel in Thailand replacing B7 biodiesel from January 1, 2020 onwards and the increasing of the B10

meat. The consolidated gross profit was THB 713.64 million in 3Q2019, increased by THB 9.03 million or 1.28% up from 3Q2018 from increasing in total revenue from sales. The consolidated gross profit

maintained at same level by increasing 0.2% from Baht 106.7 million to Baht 106.9 million, increased by Baht 0.2 million and increase 9.8% 9M YoY the increase in administrative expenses of 9M YoY mainly

revamping programs. However, the slight reduction in credit card revenue is inline the higher minimum repayment rate increasing from 5% to 8% this year, and the number of full-payment was higher than last

, cost of natural gas power plant increased by Baht 35.5 million as the continuing increasing in fuel material cost from increase in average natural gas price. Moreover, cost of solar energy system

conversion right under convertible securities to be acquired by the applicant is considered as an offer of newly issued shares at a low price as per the Notification of the Securities and Exchange Commission

. Analysis of Overall Operating Results for the Company and its subsidiary 1.1 Important circumstance during the year In April 2018, the Company acquired 800,000 ordinary shares of Aesthetic Zecret (AT-ZE