on foreign exchange from Thai Baht dominated loan. 4. Loss on impairment assets recorded at THB 1,404 million, mainly from impairment assets of natural resource business. 5. Share of loss of associates

securities, as well as the suitability for investment and the relevant risk exposure. The effectiveness of the Registration Statement neither represents that the Securities and Exchange Commission, the Capital

or such business investment. 2. To acquire assets or invest in a business unrelated to the current one. 3. To repay a loan or debt from issuance of debt securities. - In case of repaying debts to

required to sumbmit such attachments to the Stock Exchange of Thailand (SET) as well. - 3 - SEC Classification : ใชภ้ายใน (Internal) Part 1 Business Operation and Operating Results 1. Organizational

Deemed as Acquisition or Disposal of Assets dated August 31, 2008 and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed

ราคาซื้อขายหลักทรัพย์ (Capital loss) ดังนั้นจึงอาจกล่าวได้ว่าการลงทุนในตราสารทุนมีความเสี่ยงค่อนข้างสูง ตลาดสำคัญที่ซื้อขายหลักทรัพย์ประเภทนี้    ได้แก่  ตลาดหุ้นนิวยอร์ก ( New York Stock Exchange: NYSE

Exchange of Thailand We, Bangkok Commercial Asset Management Public Company Limited, are pleased to provide your management Discussion and analysis for the years ended December 31, 2016, 2017 and 2018 based

(Private Placement), loan from financial institution, issuance of debenture, and bill of exchange. The Company will carefully consider with taking the circumstance at that time into consideration. 5

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

of Governors of the Stock Exchange of Thailand Reference is made to the resolutions of the Board of Directors’ Meeting No. 6/2018 of Master Ad Public Company Limited (the “Company”), held on May 17