, or equivalent to THB 4,275,683,281.33, by way of the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme. Remark - The exchange rate

Indonesia. The investment value is approximately USD 81.92 million or equivalent to approximately Baht 2,688.57 million. The shareholding structure of Asahan-1 comprises of FRD at approximately 53.21 percent

, 2019 Page 1 Executive Summary Unit : Million baht 2019 2018 Total revenues * 15,668.94 14,780.73 888.21 6.0 Total cost and expenses * 9,573.18 8,346.74 1,226.44 14.7 Gain (Loss) on foreign exchange

); the Fuel Ethanol Business EBITDA is THB 41 million (-29% QoQ). In June 2017, the company has informed the Stock Exchange of Thailand of the changes in shareholing structure of Bio-based Product business

registration statement neither represents that the Ministry of Finance of Thailand, the Securities and Exchange Commission or the Office of the Securities and Exchange Commission have suggested investment in the

and the relevant risk exposure. The effectiveness of this registration statement neither represents that the Ministry of Finance of Thailand, the Securities and Exchange Commission or the Office of the

million and short-term loans, letters of credit, trust receipts, packing credit and forward foreign exchange contract in amount of THB 8,097.45 million. Capital Structure The Company and its subsidiaries

and the Notification of the Board of Governors of the Stock Exchange of Thailand (SET), entitled Disclosure of Information and Other Acts of Listed Companies concerning the Connected Transaction, B.E

1 Ref: AC.006/2019 25 February 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

1 Ref: AC.008/2020 25 February 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating