shall come into force as from 16 January 2016. Clause 2 1 In this Notification: The terms, “management company”, “mutual fund management company”, “private fund management company”, “derivatives” and

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

parties decreased by Baht 846 million which mainly came from the repayment by subsidiary partly offset by increase in short term loan from loan of Baht 300 million taken by the Company to meet working

financial liquidity and the cash flow for debt repayment and business operation, as the Company has continuous loss. Thus, the Company considers the business restructure of the Company’s group, whereby the

2017, is in the amount of 763 million Baht, whereby the Company will require the highest bidder to make full repayment of such amount to the Company. *** Such amount will be based on averaged price of

analysis, our cash flow is expected to remain strong with no impact on debt repayment and CAPEX plan. Furthermore, the company is receiving additional working capital facilities by approximately THB 4

collection items from the NPL management business which the Company have not recognized ( such as, cash collected from auction sale pending recognition, suspended account for debt repayment, check pending

Company Limited pursuant to Share Pledge Agreement dated 18 May 2017. Conditions for the debt repayment between WPS and the Company The Company and affiliates will repa all of the unpaid debts which are

percent per annum starting from June 15 , 2015 until the repayment is complete. However, the Company feels that the court misinterpreted the legal issues and facts. Subsequently, on January 26, 2 0 1 8 the

mainly due to the repayment of the long-term loan from the financial institution in July 2017 which is before the loan’s maturity. Then, the company issued the debentures in September 2017 with the