repercussions for the Thai financial sector, combined with the enforcement of Thai Financial Reporting Standards related to Financial Instruments (including TFRS9) since January 1, 2020, which affects
due to the recognition of special profits, while loan growth and credit quality were affected by the economic slowdown. The combined net profit of the commercial banking system was Baht 270.9 billion, a
to realize the target. As the economy begin to flourish across various areas around Bangkok and provinces, the Company have studied the prospects of new retail formats and innovative concepts and
the same period last year, reflecting the concentration of domestic demand. This, combined with structural factors such as the expansion of the global value chain and e-commerce, increased the
pose major downside risks for the Thai economy. However, various measures by the government and the BOT's policy rate cut are factors that would help support the country's economy. Thai Banking Industry
operating their businesses will enable them to better compete in the power business and other related businesses, as well as invest in various projects of a larger size in Thailand and overseas. This will
various projects of a larger size in Thailand and overseas. This will materially increase the business growth rate and operating performance of the Company. 7.4 The Company expects that it will be able to
100 baht per share, total of 1,275,255 shares. The total transaction size equals 7.13 of the asset value basis. Information Memorandum on this matter. When combined with the last transaction November 20
offer for all Target’s shares: the Company will acquire a total of 88,120,190 shares, equivalent to 80.11 percent of the total paid-up shares of the Target. When combined with 21,879,810 shares that the