due to the recording of gain on land revaluation during the year in the amount of Baht 173.58 million and the recording loss on re-measurement of employee benefit obligation in the amount of Baht 3.76

securities for its proprietary account shall set policies and rules for investment and shall sufficiently and efficiently have a risk management system, a system to prevent conflicts of interest and leaking of

broker investing in securities for its proprietary account shall set policies and rules for investment and shall sufficiently and efficiently have a risk management system, a system to prevent conflicts of

management system, a system to prevent conflicts of interest and leaking of information which should not be disclosed between units and personnel (Chinese wall). The policies, rules and practices shall be

transaction is considered as a disposal of assets with the value of lower than 15% and the Company, therefore, will not subject to the obligation to comply with the Acquisition and Disposal of Assets

of whether the sentence has been suspended and have been discharged for a period of less than three years after being sentenced in the offences of fraudulent or dishonest management relating to

assets; (b) Managing business in such a way that violates the law or fails to comply with the regulatory agency’s order or improper management of business; (c) Non-compliance of law, or unfair practice, or

company licensed to undertake securities business in the category of investment advisory service; “person with power of management” means a person responsible for a line of work relating to investment

presented at Baht 75.92 million, decreased by 52.29% from last year. Comprised of shutdown for cold repair Furnace A amounted Baht 25.91 million and shutdown for inventories management amounted Baht 50.01

บริษัท เอบิโก้ โฮลดงิส์ จํากดั (มหาชน) 401/1 หมู่ 8 อาคารเอบิโก้ ชัน 5 ถ.พหลโยธนิ ต.คูคต อ.ลําลูกกา จ.ปทมุธานี 12130 โทร - - โทรสาร - - Management Discussion and Analysis (MD&A) ABICO HOLDINGS ABICO