Company together with BTS Group Holding Public Company Limited (“BTS”) and Sino-Thai Engineering & Construction Public Company Limited (“STEC”) have jointly invested in the MRT Pink Line Project (Khae Rai

to decrease in investment value of REITs from market price change. Liabilities As of 30 June 2020, the Company had total liabilities of THB 50,979.6 mm, which increased by THB 1,816.3 mm from THB

consider and approve the change of overseas subsidiaries’ capital structure namely Carabao Venture Holdings (Luxembourg) Limited (“CVHLUX”) which is a joint venture company between the Company’s overseas

: Change of overseas subsidiaries’ capital structure We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to notify with reference to the resolutions of the Board of Directors

million or 30.49%, which main result from the company increased its flexible packaging production line, in Q3/2017 the revenue from flexible packaging was increase recognized and the sale on plastic sack

of 13 The Company and its subsidiaries still had available credit line of the revolving short-term borrowings with financial institutions including bank overdraft in amount of THB 242.00 million and

Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2018 Page 2 of 13 Overall Financial Performance and Profitability Business Segment 3Q 2018 3Q 2017 Change 9M 2018 9M

1,604.24 1,666.39 -22% -25% % Change Page 4 of 4 Total liabilities of the Company at the end of June 2018 increased 129% yoy. This was mainly due to an increase of loans from financial institutions for the

million due to decline of Front end fee. The company also has a better management in credit line for the group of the company. Moreover, audit fees also decline because in 2016 the company prepared to be a

, Tambol Ban Lane, Amphur Bangpa-in, Ayuthaya Province 13160, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com บริษัท อาปิโก ไฮเทค จ ากดั (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED Ref