share through Aeroklas Co., Ltd. (“ARK”)), had signed on share sale agreement to acquires with 100% of Flexiglass Challenge Pty. Ltd. (Flexiglass), from Fleetwood Corporation Limited (Fleetwood) at

electronic transaction and applying FinTech to business operation are still a challenge in Thailand mostly because the governing laws are https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=6844 Annual

disclose information equally in addition to the management of new generations. It is therefore the challenge of the business sector on how to adapt itself to keep businesses growing and to survive

readable prospectus) การเชื่อมอินเตอร์เฟส (open API) 2) เปิดพื้นที่ให้มีที่ทดลองเทคโนโลยีใหม่ ๆ สำหรับผู้ประกอบการรายเดิมและรายใหม่ อาทิ โครงการ Fintech Challenge Program และ สนามทดลอง (regulatory sandbox)3

to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all

social distancing practices put in place to combat the viral transmission, which have posed a new challenge to our competitiveness, while we have sought new business opportunities to secure our status as a

sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai

Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

Global and Thai Economy in the Third Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 2 2. Risk Management and Risk Factors 5