Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion

price worldwide trend. - HRC cash margin (excluding depreciation) in Q3-2017 was achieved at THB 1,423/ton, higher by 21% from last year quarter. - Sale volumes (Coil tons) and production volumes in Q3

from the Company shareholder’s meeting to be held on 1 June 2018. The transaction is expected to be done after the shareholder’s meeting. 2. General characteristic of the transaction According to the

Ariyakeereevarakup as 0.01% 3 . The general characteristic of the transaction Net Tangible Asset NTA of target company x %holding x 100 NTA of the listed company and its subsidiaries (Refer to Consolidated Financial

characteristic of the transaction Net Tangible Asset ( Refer to Consolidated Financial Statement 30 November 2017) NTA of target company x %holding x 100 NTA of the listed company and its subsidiaries =266.64x100

Market Supervisory Board No. TorJor. 21/2551 Re: Rules on Connected Transactions. Purchaser : Ton Sangkasi Pte. Ltd. (“TS”), the wholly-owned subsidiary of the Company. 3. General Characteristic of the

is not an institutional investor , private equity , venture capital and investor having a specific characteristic. “ institutional investor ” means an institutional investor in accordance with the

not an institutional investor, private equity, venture capital and investor having a specific characteristic. “institutional investor” means an institutional investor in accordance with the Notification

follows:  The 700MHz spectrum inherits a wide-coverage as a strong characteristic which will support 5G coverage and IoT services. Combining with the previously allocated 10MHz, the added 5MHz of 700MHz

50, 000 shares, Baht 100 per share Characteristic of the project Aukkarawat power plant engage in the business of generating and selling electricity with the Provincial Electricity Authority (PEA