and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and

supply. In the past 2 years, CPO’s world and Thai’s market had been highly volatilized. The Company is aware of such risks and determined the policy that focused on the procurement and management of raw

Page 1 of 11 - Translation - Ref. WINNER 0029/2019 November 14, 2019 Re Management Discussion and Analysis (MD & A) for Q3/2019 period and for the nine-month ended September 30, 2019 To The President

installation, pipeline has to be completed within 90 days after signing the sales contract. The investment will be used in the following ways: Investment Budgeted Amount (Unit : Million Baht) Land for

revenue by 24% YoY, through expanding acquisitions and campaigns to deliver a superior service standard within 24 hours. Enterprise and other service revenue, driven by digital transformation in the Thai

V3 10/05/61 16:26 น. 0 V3 10/05/61 16:26 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Thai Economy in the First Quarter of 2018 The Thai economy in the first quarter of

, ACO I sent the 2nd notice demanding the Company to repay the full amount of the Trade Debt within 13 November 2017, 17.00 hours. Otherwise, ACO I will take legal action against the Company immediately

. Karnchang in the total amount of Baht 2,777.7 Million (excluding VAT), as per the details specified in the Agreement, whereby the payment shall be made within 30 days from the date on which the Company has

, who conducted the due diligence on the information appearing in the audited financial statements of S-TREK ended 31 December 2017 and the trial balance of S-TREK, prepared by the management of S-TREK

management of S-TREK, ended 30 June 2018, the Accounting Advisor has reported various significant findings As such, the Company’s Board of Directors required a special audit on the audited financial statements