to high domestic ethanol stock, and the increasing aggregate domestic production capacity. Natural Resources Business Group recorded soften performance though the Company still realized additional
Institution Business; “Exchange” means the Stock Exchange of Thailand; “registered debt securities” means the debt securities registered with the Thai Bond Market Association; “Thai Bond Market Association
per share. In case of having securities listed elsewhere, identify the name of the Stock Exchange. (2) In case of having other types of share such as preferred share whose rights or terms differ from
recovery after the policy rate was cut to 1.00 percent during the MPC meeting held on February 5, 2020. Sources: Office of the National Economic and Social Development Council and Ministry of Commerce
Pending Settlement, to be consistent with the Stock Exchange of Thailand’s operational guidelines, and international standards. Salient points include: 1. Non-resident (NR) who receives Thai Baht related to
the resolution of approving the delisting of GLOW’s from being the listed securities on the Stock Exchange of Thailand. The company has informed the Stock Exchange of Thailand (SET) to make a tender
); 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
total amount of THB 3,445 mn. Hence, CPN effectively has 67.53% ownership in GLAND as announced to the Stock Exchange of Thailand (SET) on November 5, 2018. For the consolidated financial statements at
Bangkok Commercial Asset Management Public Company Limited Page 1 13 December 2019 Subject Management Discussion and Analysis for nine-month period ended 30 September 2019 To The President The Stock