. 4.5 Expected Effects on the Operation of Business of the Company, including the Financial Status and Overall Operation of the Company, which are Derived from the Increase in Capital Accommodate the

operations as SUTG has suffered from losses since 2018 and still been unlikely to improve in the near future. The impacts have significantly affected the overall performance of the Company, causing

capital market as well as the decline in the price of the global oil market and the recession in the United States, the overall Thai economy was affected. Agricultural prices dropped sharply; causing

. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the

2018. 2. Sales volume of Ethanol product overall increased from the previous quarter, as Bangchak Bioethanol (Chachoengsao) Co. , Ltd. resumed operation and sales went back to normal after its anuual

, or even appear to, impinge upon the independence of ity. Where conflicts of interest or a lack of independence is common at a CRA and hidden from investors, overall investor confidence in the

that TV Ho pany and adv g business sh ness of Happ In addition s is one of th , this busines is 0.50 per s nearby, e.g es overall ec retail market age rate is 3.9 The total on on the ac Market Superv as

Public Administration to limit the impact of the virus. Nevertheless, the impact on the overall economy are more severe than expected. The economic slowdown situation has indeed affected our performance

governamental policy; (3) the offer for sale of the debt securities may have a negative impact on the credibility of the overall Thai capital market; (4) the offer for sale of the debt securities may cause damage

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Office of the Securities and Exchange Commission No. Sor Nor. 87/2558 Re: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Funds, and Private Funds ______________________ By virtue of Clause 6, Clause 8, and Clause 9 of the Notification...