manufacturing the consumer electronics products, computer peripherals, telecommunication products and else. Estimated Investment amount Approximately Baht 2,294 million for the construction project. Estimate

Manufacturing Co., Ltd. SPI acting as major shareholder of both companies 6. Thai Bunka Fashion Co., Ltd. SPI acting as major shareholder of both companies 7. Waseda Education (Thailand) Co., Ltd. SPI acting as

major shareholder of both companies 3. Pattaya Manufacturing Co., Ltd. SPI acting as major shareholder of both companies 4. Thai Bunka Fashion Co., Ltd. SPI acting as major shareholder of both companies 5

was expected to have negative impact to the Company and its subsidiaries for the rest of the year due to decreased production in manufacturing in many industries and the slowdown of many businesses. The

aiming for a production automation in Thailand under the scheme of “Delta Smart Manufacturing”. Total Liabilities As of 30 Sep 2020, total liabilities of the Company and its subsidiaries amounted Baht

Co., Ltd. (“GWM”), running the business of kidney cleanser and medical supplies manufacturing and distribution, which is decrease from the same quarter of the previous years for 0.47 million baht

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

building and a THB 35 million investment in factory operating systems. The expansion will allow After You to achieve better operational efficiency, lower costs, better quality control and more production

sentiment with 1.3% growth YoY, driven by C-Vitt (+249.3% YoY). New beverage production capacity completed earlier than planned, which enabled us to serve unmet C-Vitt demand and continue driving category

sectors. Manufacturing and exports contracted due to lower demands and shortage of raw materials and components from suppliers closed down due to the quarantine. Private investments and employment also