and process of legal execution are as follows; 1. Cases in the process of court trial: 1 . 1 Media Agency Thai Co., Ltd. is in debt to the Company according to the purchase agreement to manage

financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8

strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816

-Wallet usages, and the increase in number of competitors’ kiosks, as well as a decrease of the middle-to-low income population’s purchasing power. The details of total revenue are as follows: 1) Income

% shares in Raimon Land Nineteen Co., Ltd. from KPN Land Co., Ltd. (“KPNL”), who is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke. 3) approved

purchasing power. However, from Sep-21 onward, restrictions were gradually lifted, resulting in some improvement in consumer spending. Meanwhile, competition in mobile industry remained elevated as operators

times its total foreign-currency-denominated debt. The Thai baht stood at 32.55 THB/USD at the end of 2018, easing by 0.75 percent from 32.31 THB/USD at the beginning of the year. On the domestic front

Company had gain from the creditor waived the debt amounted to THB 622 million after the Company had repaid some partial of debt. Therefore, if it excluded this special transaction in last year quarter

purchasing power has still not recovered. This is reflected in the consumer confidence index which remains at very low levels, with consumers remaining concerned over high levels of household debt and their

for the loan from Xayaburi Power Company Limited, in which the contract was signed on May 17, 2016. In 1H/2017, administrative expenses amounted Baht 913.70 million, a rise of Baht 167.94 million or