undertake securities businesses under the law on securities and exchange; (7) “Manager” means a person assigned by the board of directors to take the highest responsibility in managing the company, regardless

%, part of which contributed from the successful deals with new partners in new export markets including Australia and Libya. Under these circumstances, the Group’s aggressive marketing policy to expand

business is still under pressure from overall market in 3Q/2018. According to Nielsen, as of 30 September 2018, comparing to the same period of last year, domestic energy drink market grew by 0.4% in 2Q/2018

under the Notification of the Capital Market Supervisory Board regarding Rules, Conditions, and Procedures for Establishment and Management of Infrastructure Fund; “sales promoter” means any person

PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Sales and service income, EBITDA, and NNP for 9M’2017 hit record high; EBITDA margin

under the law of Home Regulator’s jurisdiction (issued by Home Regulator) [ ] 3. Evidence on the appointment of a brokerage firm to perform duty as local intermediary in Thailand (issued by CIS Operator

of TFRS 9 and TFRS 16. The financial statements for the year 2019 have not been restated which is permissible under the guidelines for the implementation of the aforementioned financial reporting

company is in the process of negotiating to additionally purchase the total number of shares in KPN Academy from other shareholders under the same conditions applying with the Existing Shareholders

’ meeting to (1) increase the foreign shareholding ratio to support the allocation of newly issued ordinary shares under the specific objective basis to specific investors (Private Placement) from not

Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 MOU signing with