Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the first quarter ended March 31st, 2019 Management Discussion and Analysis of Business Operation for Q1/2019

Financial Statement in 2020 which the year of apply the account standard. 3. There is a better direction for the insurance business. JP Insurance Public Company Limited has a better direction from the

-02_012) Management’s Discussion and Analysis for the performance of the three months ended of the year 2020 Business Overview For the three months ended of the year 2020, S Hotels and Resorts Public

business partners.”  Mr. Chaicharoen Atiphat, President of the ASEAN CIO Association (ACIOA) said: “Public Private Partnership (PPP) is an important mechanism, especially when the government enacted a new

), by setting up a team to oversee business in these countries including picking the business partners among the group to continuously maintain standard of products and services of the Company

traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic

arise from the implementation of the new accounting standard.  Enhancement of processes and econometric models for stress testing to ensure that KBank’s business growth is in line with our risk appetite

, Myanmar, Vietnam), by set up a team to oversee business in these countries. Including picks the business partners among the Group to maintain the standard of products and services from the Company

team to oversee business in these countries. Including picks the business partners among the Group to maintain the standard of products and services from the Company continuously. 5. 6 Continue to offer

subsidiaries companies: Company Business Relationship with AEONTS AFS Finance - Major shareholders of AEONTS, holding 35.12% of AEONTS’s shares - Major shareholders of AEON Systems AEON Systems System