not executive management or controlling shareholders from the past until current and shall not be after the acquisition of SEL. Thus, such transaction is not considered as a connected transaction

than 24,000 cubic metre per day. (3) GS has obtained licenses that relate with reservoir construction and water supply distribution as required by law. (4) GS and HYDRO would sign the project management

Bangkok Commercial Asset Management Public Company Limited Page 1 13 December 2019 Subject Management Discussion and Analysis for nine-month period ended 30 September 2019 To The President The Stock

Management Discussion and Analysis For the third quarter and nine-month ended September 30, 2020 (Unreviewed) Kiatnakin Phatra Bank Public Company Limited Investor Relations Email: investor_relations

 Increasing demand for loans which could generate pressure on liquidity in the system. 17  Operational Risk Management Operational risk refers to the risk of direct or indirect losses to a bank’s revenue or

Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance

1 (Translation) MD. 063/2018 May 9 , 2018 Re: Management Discussion and Analysis For the Operating Results ended March 31, 2018 To: President The Stock Exchange of Thailand Management Discussion and

SAAM Energy Development Public Company Limited - 1 - 21 February 2020 Subject: Management Discussion and Analysis for the year ended 31 December 2019 To: The President The Stock Exchange of Thailand

Rnj, (Translation) MD. 036/2020 February 26, 2020 Re: Management Discussion and Analysis For the Year Ended December 31, 2019 To: President The Stock Exchange of Thailand Management Discussion and

Ref. AU 009/2017 - Translation - 15 May 2017 To: Director and the President The Stock Exchange of Thailand Management Discussion and Analysis for the three-month period ended 31 March 2017 After You