environment During the second quarter of 2019, the growth momentum for the Thai economy slowed down from both the domestic and external demand. Private investment contracted both in investment in construction

approach to growth Spindletop (Huntsman assets acquisition) deal update Core EBITDA down 31% yoy Volume growth 23% year-on-year (yoy) Operating cash flow (OCF) growth 47% yoy Company credit rating re

$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop

for tourists. Considering the support from the government for the project, the Minister and the permanent secretary of the Ministry of Tourism and Sports and the Tourism Authority of Thailand agree to

Program to create more tourism areas and provide more options for tourists. Considering the support from the government for the project, the Minister and the permanent secretary of the Ministry of Tourism

to invest in new infrastructure of transportation, that is expected to proceed in the second half of 2017, could support the confidence to private sector and activate the investment in private sector

provide more options for tourists. Considering the support from the government for the project, the Minister and the permanent secretary of the Ministry of Tourism and Sports and the Tourism Authority of

2019. 8) Benefits of the Transaction 1. The Company can expand more subsidiaryto support the need to increase the revenue base of the Company because the current office cannot be expanded morecausing the

2019. 8) Benefits of the Transaction 1. The Company can expand more branch to support the need to increase the revenue base of the Company because the current office cannot be expanded more causing the

impact on shareholders’ benefits. If the Company drawdowns loan from financial institution, debt to equity ratio will be increased to 0.67 time. This is to support financial liquidity of the Company