construction is completed and the ownership of such construction project has been transferred to the customers. 1. As of 30 September 2017, Details and progress of the Company’s residential projects are as

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED Management Discussion & Analysis

(completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall production was

Avgol (completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall

to accommodate these criteria, which are expected to be completed within the timeline required by the Bank of Thailand. 5 2. Risk Management and Risk Factors 2.1 Credit Risk Management The Thai economy

. These transactions were completed on 30 January 2020.  On 30 January 2020, MACO successfully completed the sale of newly issued shares to PlanB. Accordingly, PlanB now holds 19.96% shares in MACO. This

and generate income by Q1 2018. Additionally, the Company started to develop a new project “Windshell Naradhiwas”, and already pre-sale in Q2 2017. This project is expected to be completed and be able

income by Q1 2018. Additionally, the Company started to develop a new project “Windshell Naradhiwas”, and already pre-sale in Q2 2017. This project is expected to be completed and be able to generate

of the SEC Office □ Supporting document items are completed. □ Supporting documents items are not completed, and shall request for additional supplementary document as follows; 1

document items are completed. □ Supporting documents items are not completed, and shall request for additional supplementary document as follows; 1. …………………………………………………………….. 2. …………………………………………………………….. 3