which Warot and Jeeraporn were working. They used such inside information to trade securities or derivatives of 12 listed company clients during 2015-2017. Most of such draft financial statements

1 Ref: AC.034/2019 4 November 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

working capital from operating activities that have low financial costs to invest in fixed assets (land, buildings and equipment) and repay loans. The Company has various types of credits from several

in 2018. Operating profit increased by THB 8.0 Mn but this was offset mainly by an increase in working capital due to (1) account payables which decreased by THB 33.6 Mn in 2019 compared to a decrease

Page 1 of 5 GEL.CS.021/2561 14 August 2018 Subject Management Discussion and Financial Analysis for the operating results of the second quarter of 2018, ended 30 June 2018 To Director and Manager The

, significantly increasing from the same period last year due to higher operating EBITDA, as a result of hotel business expansion and gain from exchange rates • Reported net profit of THB 393mn (compared to a net

from operating activities was THB 1,208mn. This was derived from profit before tax of THB 1,968mn, being offset by non-cash reconciling items of THB 602mn and changes in net working capital of THB 158mn

, Muang Nan District, Nan Province. The budget of this project about 800 million baht. Land 70 million baht Building 500 ,, Equipment 180 ,, Working Capital 50 ,, Total 800 ,, This project lies on area

three- month period when compared to the same period of the year 2017, as a result of loss on sale of investments to reduce risk from fluctuating market value and used as working capital. 4. The financial

for asset acquired The company's working capital 8. Conditions for transaction None 9. The Board of Directors’ opinion The Board of Directors considers that the transaction shall be a good opportunity