effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently

Management Discussion & Analysis( - translation - ) For operating result of 1Q18,ending 31 March2018 Raimon Land Public Company Limited| 14May2018 1 / 5 Major Eventsin 1Q18 and April 2018 February

  Management Discussion and Analysis, Q3/2018 Page 1/5

V3 22/02/62 14:27 น. 0 V3 22/02/62 14:27 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2018 In 2018 the Thai economy grew by 4.1 percent, up

, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient cost management to its businesses. Furthermore, the Company is currently preparing to lease assets to CPN

financial reporting standards. Yet - Translation - Page 4 of 6 the impairment loss of assets is a non-cash item therefore there is no impact on the Company’s cashflow management. Also, the transaction is not

1.6 percentage growth in airline business. However, during the period, the Company has implemented cost reduction plans including flight management strategy. That was a result of improving of passenger

สารสนเทศรายการได้มาซึง่สินทรัพย์ บริษัท บางกอก เดค-คอน จ ากดั (มหาชน) (BKD) บริษัท แอสเซท โปร แมเนจเม้นท์ จ ากดั (APM) - หน้า 1 - Information Memorandum on Acquisition of Assets Reference is made to

SAAM Energy Development Public Company Limited - 1 - 13 February 2019 Subject: Management Discussion and Analysis for the year ended 31 December 2018 To: The President The Stock Exchange of Thailand

Water Sales, and Wastewater Treatment Services. 2 Other Revenue consists of Excessive Charge, Service Fees for Wastewater Management, and Revenue from Solar Rooftop 3 Gross Profit from Operation excludes