, Tambol Ban Lane, Amphur Bangpa-in, Ayuthaya Province 13160, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com 1 บริษัท อาปิโก ไฮเทค จํากดั (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 04/19 February 27, 2019 Subject: The clarification and analysis of the

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

Microsoft Word - S - MDA 4Q19_EN Page 1 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 Executive Summary Singha Estate Public Company Limited (“the Company

ส่วนที่ 2 บริษัทที่ออกหลักทรัพย์ - 2.1 วัตถุประสงค์การใช้เงิน Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company

8 บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 G Steel Public Company Limited Page 1/12 Management Discussion and

SHR MD&A 3Q19_EN Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 1 of 8 Management’s

1 บริษัท เอ็นซีแอล อินเตอรเ์นช่ันแนล โลจิสติกส ์จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 15/19 August 13, 2019 Subject: The clarification and analysis of the

income 136,933,703 114,036,410 FS JV LICENSE Limited Loans to joint venture 22,017,800 21,993,250 Loans to a joint venture in connection with an investment in a hotel portfolio in United Kingdom with the

East Coast Furnitech Public Company Limited (“ the Company” ) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 2nd quarter and 6