Page 1 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 9M19 total revenue of THB

Management Discussion and Analysis For the 2nd Quarter 2021 ended August 31, 2021 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

change, and demand 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

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and

co-underwriter or a related securities company which relates to the underwritten securities or other securities relating to the underwritten securities in such a manner that any change in such

(2008) hereby issues the following regulations: Clause 1. In this Notification: (1) the term “company,” “parent company,” “subsidiary company,” “major shareholder,” and “controlling person” shall mutatis

and Exchange Act (No. 4) B.E. 2551 (2008) hereby issues the following regulations: Clause 1. In this Notification: (1) the term “company,” “parent company,” “subsidiary company,” “major shareholder

this regard, the Company will carefully consider on conditions of the loan based on the benefit of the Company and shareholders, where the conditions shall not affect the right of shareholders including

, subsidiaries, and joint ventures. Page 7 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 31 December 2018 31 December 2017 % Change Cash and cash equivalents 122 100 +22% Trade

end of this year. The COVID-19 pandemic has caused a slight delay in commencing this business. However, as a result of the COVID-19, the Company expects to see a change of consumer behavior toward more