entity on the Tel Aviv Stock Exchange (TASE), Israel (the “Transaction”). The Transaction is considered an acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the year ended 31 December 2019 1. Year 2019 Highlights Figure 1: Quarterly results  In Q4/2019, the

% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

Analysis | 2 Executive Summary In 3Q2018, domestic palm oil production has increased as in other countries, in addition, stock of Crude Palm Oil (CPO) both in Thailand and International market has remained

15%, chiefly from the company’s stock management in preparation for the refinery’s turnaround maintenance, under the intensifying competition situation in the industrial market. While in the late of Q1

down movement of the Thai stock market in March 2020, the Company’s overall profitability on the gains and return on financial instruments was also significantly impacted in the first quarter of 2020

under management and 1,334 digital screens. Aviation  Aero Media Group Company Limited (“Aero Media”) had secured additional media contracts on 4 planes from Thai Lion Air. Altogether with its existing

Procedures for the Establishment and Management of Infrastructure Fund. “infrastructure fund” means an infrastructure fund established under the Notification of the Capital Market Supervisory Board concerning

Market Supervisory Board No. Tor Nor. 1/2554 Re: Rules, Conditions, and Procedures for Establishment and Management of Infrastructure Fund, dated 10 January 2011, the SEC Office hereby issues the following

allocated to Mr. Somprasong Panjalak, the offering price is lower than 90% of the Market Price according to the Notification of the Stock Exchange of Thailand re Rules, Conditions, and Procedures Governing