no intention to control over IGE. 14% shares purchasing is business investment and earns dividends in the future. However, the Company continues to maintain our core business in producing and selling

south country region of the South West Interconnected System (“SWIS”) of Western Australia. Management Discussion and Analysis For the Year Ended December 31, 2018 Page 4 1.7 Share Purchasing to Operate a

Domestic Economy and Ready-to-Drink Fruit Juice Market In Q4/2017, domestic RTD fruit juice market continued to decrease 5% YoY and 3% QoQ, since the support factors for overall purchasing power is not yet

-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the

partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with

wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years

implemented in some areas and business activities contributed to economic recovery. Private consumption contracted in consistent with low purchasing power and confidence. Meanwhile, the tourism sector

within the scope of connected transaction, per the following details: 1. Transaction Date The purchase and sale agreement would be executed within one month after obtaining approval from the Board of

executed within one month after obtaining approval from the Board of Directors’ Meeting. 2. Related Parties and Relationships Purchaser : CH. Karnchang Public Company Limited Seller : Mahasiri Siam Co., Ltd

date of Warrants after obtaining the approval of shareholders’ meeting but in any events, not exceeding 1 year after such shareholders’ approval is granted. Number of reserved shares for the Exercise of