E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...

disclosure of financial information as categorized by business units, the income structure of the most recent year may be displayed instead. (For example, Business A and Business B generate 65 percent and 35

. (For example, Business A and Business B generate 65 percent and 35 percent of the total income respectively, and the clarification thereof is made with reference to the relevant notes to the financial

operate and generate earning per share as agreed during the period of agreement after Phase 2-4 start to operate water distribution. the Company would purchase more GS’s share in the future from group of

price. Moreover, UAC will use fund from selling UAPC shares for working capital or to generate more benefits. 12. Opinion of the Audit Committee and/or directors of the Company that is different from the

business plan of Takuni Land and will generate revenue and profit to Takuni Land, hence; benefits the Company’s shareholder. 10. Opinion of the Audit Committee and/or directors of the Company which is

business operation of Takuni Land. The investment suits the business plan of Takuni Land and will generate revenue and profit to Takuni Land, hence; benefits the Company’s shareholder. 10. Opinion of the

plants in Japan; 2) Support financial strengths of the Company and increase operating cash flow of the Company in the future; 3) Generate additional values to the Company and its shareholders in the long

expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate

to generate profit from this business unit since there were Made to Order that the Company can control margin and CPO’s price fluctuation. 1.3 In 2018, the By-products’ ratio of cost of sales to total