sales both in terms of quantity, selling price and eventually resulting to softer gross profit of various group products in higher competition. In terms of expenses in the current quarter, the company has

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Fourth Quarter and the Year Ended 31 December 2017 1. Q4/2017 Highlights Figure 1: Quarterly results

Group has started the business operation in Thailand under Hyundai Mobility (Thailand) since 1 April 2023 onward. 2. The company has invested in a newly established JV company, namely Purem AAPICO in

persons of the Company and persons to be proposed as executives or persons having controlling power over the Company according to the Notifications on Connected Transactions. The abovementioned offering

Company plans to open an additional of 10-12 branches, focusing on areas that are tourist centers and residential areas with high purchasing power and a large number of customers, in order to increase the

person who is authorized by a management company to have power to make decisions on investments for a fund; “Association” means any association relating to securities business, which has been approved by

any natural person who is authorized by a management company to have power to make decisions on investments for a fund; “Association” means any association relating to securities business, which has

by a management company to have power to make decisions on investments for a fund; “Association” means any association relating to securities business, which has been approved by and registered with

Issued by Foreign Company Whose Shares Are not Traded on Foreign Exchange, mutatis mutandis. In this regard, the SEC Office has the power to issue an order in connection with the said compliance under the

purchasing power. Government spending is also important in sustaining the economy, with government spending increasing compared to 2020 due to COVID-19 epidemic mitigation. Specifically, the third wave of