(Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General

: ……………………………………...………………….……. ………………………………………………………………………… ………………………………………………………………………… Beta Tracking Error Average Maturity of Debt Instruments Fees to be charged to the fund (% of NAV per annum) Yield to Maturity Fee items Maximum charge Actual charge Country Allocation Management fee

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

according to the proportion of income according to the specified plan In addition, the company has measured fair value of PPA (Perchase Price Allocation) of WICE Logistics (Hong Kong) with intangible assets

of the investors from within October 31, 2018 to be on November 30, 2018. 2) Adding information relating to investors, shareholding structure before and after the allocation of newly-issued ordinary

perspective, all ratios were at extremely low risk level as bank loans were paid off. In respect of liquidity ratio, trade receivable day barely changed. Despite lower accrual from social security bureau

profit and more leverages. In addition, the improvement of return on equity was partly from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher

this quarter, the ratios were not substantially changed yoy. Trade receivable and Trade payable period were decreased while inventory period was slightly increased. For the financial risk perspective

the sustainable profit and higher dividend payout ratio. From the financial risk perspective, all ratios were at extremely low risk level as bank loans were paid off in the 3rd quarter. In respect of

established any loss reserve in its accounts. Executive perspective for business trends in 2020 The Company's management foresees that, currently, the epidemic of the Coronavirus 2019 (COVID-19) and the economy