during the past three years. In case of none, specify so and explain the reason thereof as well. (2) Marketing and competition (a) Describe the marketing policies of the major products or services during

-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price

consuming in limit quantity. The situation of competition had even more intensity, day by day, and it had the competitors occurred in the market continuously. Although the Company had the promotion activities

highly intense competition which caused the average fare to drop by 6.3 percent, particularly in Indochina routes. The average passenger load factor was 68.5 percent, decreased from 69.2 percent. Passenger

competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6 percent and 2.8 percent respectively. The Company reported net

slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6

revenues from the manufacturing business accounted for only 4.4 - 9.6 percent of the total revenues as a result of a more intense competition, particularly a more variety of imported products with relatively

installment value includes outstanding loan as per restructured agreements 5.2.2 Purchase of NPLs /NPAs and Market Competition The Company believes that the cumulative amount of NPLs in the system, coupled with

/NPAs and Market Competition The Company believes that the cumulative amount of NPLs in the system, coupled with those that arise from the COVID- 19 outbreak, will put some pressure on financial