SUBSIDIARY MANAGEMENT DISCUSSION AND ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2018) (1) Overall Operating Results For the year 2018, the total revenue from

Operating Results For the 1st quarter 2019, the total revenue from sales and services of the Company and its Subsidiary (together referred to as the “Corporate Group”) was Baht 1,329.18 million, which

% Total Assets 3,482.62 3,331.97 150.65 4.52 Total Liabilities 1,055.24 1,072.79 (17.55) (1.64) Total Shareholders’ Equity 2,427.38 2,259.18 168.20 7.45 Weighted Average Number of Ordinary Shares (Million

subsidiaries. 1. SUT Global Co., Ltd. In July, 2018, the Company had purchased and accepted a transfer of SUTG Holding Co.,Ltd’s entire business, which owns 132,000 shares in SUT Global Co.,Ltd as at the

is considered an acquisition of assets with a transaction size according to the total value of consideration criteria of 27.402%, having the type 2 transactions (transaction size having a value equal

holding 10.22% in the Company’s voting shares, and the transaction size based on the total value of consideration is equivalent to 2.94% whereas the connected transaction size is, however, 4.07%, which is

rose by THB 1,095mn or 67.5%. This was attributed to an increase in premium on shares of THB 1,307mn which was from the RO of 688 million shares, amounting to THB 1,376mn. As of 31 December 2018, total

/square meter/month. 4. The total value of the consideration: 4.1 The total value of transaction. The rent and service of office at 17,894,880 Baht per year. 4.2 Payment term Paying monthly rental at

the basis of Total value of consideration method, having considered the size of this transaction as well as no acquired transaction in the past 6 months, and it does not exceed 15 percent, the Company

account of the Company KYE : Commitment to pay or earn the interest at the rate and method as agreed in the agreement There is no expiration of the agreement. 4. Total Value of transaction : [Net tangible