insurance company under the law on life insurance; and (4) a financial institutions established under a specific law. Clause 4.7 Without the limitation or restriction to the power of the Board of directors of

derivatives position remaining until the settlement date. 6. Risk from being unable to proceed with the order of futures trading of an investor for loss limitation The derivatives broker may be unable to

may lose from the derivatives position remaining until the settlement date. (Translation) 6. Risk from being unable to proceed with the order of futures trading of an investor for loss limitation The

futures trading of an investor for loss limitation The derivatives broker may be unable to proceed with the order of any kind of futures trading of an investor which has an objective to limit potential loss

in the SPA being fulfilled. Those conditions precedent include, without limitation, receipt of (i) the approval of general meeting of shareholders and approval of the Bank of Thailand for the Bank’s

1. The outbreak of Corona Virus Disease 2019 (COVID-19) Since the end of February 2020, the government and private companies allowed the employees to work at home to prevent the further spread of the

guidelines for employees to curtail the spread of COVID-19 as well as support our partner and community to help prevent the spread of the virus and support those already affected. Throughout the COVID-19

Business Operation for 2Q/2018 Bangchak Corporation Plc. I 7 from the increment in crude oil price and improving crack spread of some products. In this quarter, crude oil price adjusted upward sharply, which

Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be

long term loan plus spread margin and considered as within range of market rate comparing other subordinated loans in Cambodia and exchange rate risk. 4. Total Value and Criteria to Value the Transaction