III Road, Alley 23, Bangklo Sub-district, Bangkorlaem District, Bangkok SASCO Siam Appraisal and Service Company Limited BKKPA Bangkok Property Appraisal Company Limited Independent Financial Advisor or

added to the health and safety team in order to ensure improvements are swift. Business wise 2019 has started well despite challenges in the macro economy and some of the key market segments along with

related expense and promotional expenses, as well as annual service station maintenance; led to higher disbursement of expense late in the year, resulting in this quarter’s EBITDA trumping the previous

1.67 million baht or 33.35%. It is because the Company is more well-known and the customer base is extensively extended. 3 The combination of those two incomes results in the Company Group’s income for 3

acquisition of the newly-issued ordinary shares totaling 50 percent of the total sold shares in Happy Products and Service Co., Ltd., which the highest transaction value equals to 2.09 percent based on the

and nature of the businesses operated by the Company or the group of companies which comprises the Company, its subsidiaries and associates being operated or to be operated, as the case may be. The

Ensuring the well-being of all stakeholders to cope with COVID-19 outbreak is the Company’s priority, together with flexible business plan to suit the changing environment. Outlook for 2020 Performance

Public Company Limited Management’s Discussion and Analysis (MD&A) Page 14 of 15 Business Plan Ensuring the well-being of all stakeholders to cope with COVID-19 outbreak is the Company’s priority, together

of the newly-issued ordinary shares totaling 50 percent of the total sold shares in Happy Products and Service Co., Ltd., which the highest transaction value equals to 0.41 percent based on the total

supervise the repair of advertising media as well as to report the condition of the billboard to customers that makes the customers feel confident to continue using the Company's service. 3.4.5 The risk of an