& ANALYSIS (MD&A) Q4 2019 and FY2019 Executive Summary On 26 November 2019, the company has received an award from SET Awards 2019 in two categories, which are the Sustainability Excellence Award in Rising
services and in this year, the Company has increased consultant fee for 2.24 million baht from providing consulting services on domestic transportation operation and received dividend income from associated
2020. At the present, Forth Smart Trading Co., Ltd., a subsidiary of the Company, has already received a license from the Ministry of Finance through the Bank of Thailand to do personal loan, nano
result of loan repayment by net proceed received from SPRIME. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt
shares of NINE, at the price of not lower than Baht 2.62 per share. This is the average price of the NINE’s ordinary shares received by the Company, as appeared in No. 6, Expected benefits to the Company
the Connected Transaction of G Steel Public Company Limited 10 April 2019 According to the fact that in 2014 G Steel Public Company Limited (the “Company”) received financial assistance from Mahachai
Company received the deposit for the sale shares in the amount of THB 21.23 million from the escrow agent on November 28, 2017. For the two investment items in the total amount of approximately THB
dividends the Company has received from S-TREK between 2019 and 2021. Nomination of Director(s) in S-TREK Mr. Chalee Suksawad and Mr. Arak Suksawad, totaling 2 persons Mr. Arak Suksawad Condition to
securities company (No. 2) dated 25 May 2004. Clause 2. In this Notification, “electronic data” means the information created, transmitted, received, stored or processed by an electronic means; “securities
) dated 25 May 2004. Clause 2. In this Notification, “electronic data” means the information created, transmitted, received, stored or processed by an electronic means; “securities company report