. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and

UNOFFICIAL TRANSLATION Codified up to No. 3 As of 9 June 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

significant increase in purchasing volume. In addition, stabled oil price also have played a significant role in the Company’s production costs was able to stabilize, a well as to increase the customers

Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail

UNOFFICIAL TRANSLATION Codified up to No. 12 As of 14 February 2017 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for

participates in evaluating with the financial advisor of the company. Which is S14 Advisory Company Limited. The fair price of SUTG's shares at 66.00 percent of the appraised value is 250,050,000 baht. Based on

Baht. Progress on court’s consideration and legal enforcement of the main debtors 1.1 Media Agency Thai Co., Ltd. is a debtor in the Air Time Management Right Sale Contract. The debtor failed to follow

addition, a rise in fuel price can be observed. Meanwhile, Ministry of finance revealed that the inflation rate of 2017 is expected at 0.7 percent, increasing 0.2 percent from last year. Considering global

associates of THB 27.89 million. Progress of major debtors which is in the process of court trial and process of legal execution 1. Cases in the process of court trial: 1.1 Media Agency Thai Company Limited is

’ s first time adoption of the current Thai Financial Reporting Standards or TFRS after January 1, 2020, the stated TFRS was adjusted in order for the contents to be equivalent to the International