Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the year ended 31 December 2019 1. Year 2019 Highlights Figure 1: Quarterly results  In Q4/2019, the

financial statements in which the equity method is applied of the Company ended 31 December 2017.In addition, during the past 6 months, the Company did not have any other acquisition transactions of other

Baht 83 million or (22%) from Baht 383 million in Q3/2018 to Baht 466 million in Q3/2019. The increase was derived from all business units: engineering service, management service, solar energy, and

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31 December 2019 Raimon Land Plc. | 27 February 2020 1 / 7 Major Events in 4Q/2019 and January 2020

move towards Green Businesses targeting renewable energy, material recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been acquired in late 2016 and during

สรุปผลการดำเนินงานของบจ -Translation- February 13th, 2019 Subject: Management Discussion and Analysis for Quarter 1/FY2019 To: Managing Director The Stock Exchange of Thailand Inoue Rubber ( Thailand

-9320 1 Ref: PCL 2020/004 February 24, 2020 Subject: Management Discussion and Analysis Yearly Ended 31 December 2019 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

expenses. As a result the operation in the first half of , increase as significantly. These successes are the result from management policies and key expenses in , to prepare us for market expansion and

Acc. 023/2017 August 10, 2017 To: The President The Stock Exchange of Thailand Dear Sir, Subject: Management Discussion and Analysis Quarter 2 Ending 30 Jun 2017 S. Khonkaen Foods Public Company