Management Discussion and Analysis for the Year 2019 1. Operating Results (Company and Subsidiaries) Consolidated revenue for year ended 2019 of both treatment of industrial waste business division
foreign country shall comply with the regulations under Chapter 4; Chapter 1 Provisions for Offer for Sale of Sukuk in Thailand Division 1 Characteristics of Sukuk -4- Clause 5. Any sukuk issued under this
denominated in Thai Baht for sale in a public offering in accordance with Chapter 2 shall comply with the following conditions: (1) for the offering of bonds, the conditions provided under Division 1 shall be
following conditions: (1) in case of bond offering, the conditions specified in Division 1 shall apply; 13 (2) in case of corporate bond offering, the conditions specified in Division 2 shall apply; Division
Division 1; (b) the provisions relating to shareholders and protection as prescribed in Division 2; (c) the provisions relating to the management as prescribed in Division 3; (d) the provisions relating to
depositing or investing in certificate of deposit under Paragraph 1(1) of clause 7, the derivatives broker shall use rating of issuer of certificate of deposit, maker of promissory note, drawer of bill of
clause 7, the derivatives broker shall use rating of issuer of certificate of deposit, maker of promissory note, drawer of bill of exchange or deposit taker (issuer rating) as the case may be. In this
Approval and Granting of Approval Division 1 Application for Approval Clause 15 The submission of an application for obtaining approval to be personnel in the capital market business and a renewal of such
regulator. “ market maker ” means a person who is appointed to provide trading of ETF units for ensuring that their market price in the secondary market approximates the net asset value of such ETF units