-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous

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increased downside risks from external factors such as uncertainty in the U.S. economic policies may affect international trade, the slowdown of the Chinese and the EU economies and etc. According to the Bank

slowed down. In addition, Thai economy still faces external risk such as trade war between US and China and global economic uncertainty. As of August 31, 2019, the Company’s total cards reached 8.75

half of the year. Against the backdrop of the global trade slowdown and uncertainty over US trade policy, merchandise exports in 2018 expanded by 7.7 percent, down from 9.8 percent growth in 2017

investments of THB 1,379mn (treasury operations) Predominantly for other reasons: (ix) an increase in trade and other receivables of THB 170mn, chiefly from a Thai hotel and the EBT of UE, being partially

:  Approved PD to sell sub-leasehold right at the date when the Trust invests into sub-leasehold right and PD will terminate sub-lease agreement of part of land and building in Bangkok Free Trade Zone (“BFTZ

capital under restructuring plan approved by the court under the law on bankruptcy2. In this regard, the applicant shall arrange to have sufficient underlying shares for the convertible bonds thereof; (2

investment 1,392 0.4 % 982 0.3 % Trade receivable 15,219 4.3 % 16,414 4.9 % Inventories 2,104 0.6 % 3,839 1.1 % Others 4,111 1.2 % 4,088 1.2 % Current Assets 35,566 10 % 34,338 10 % Spectrum license 131,775 37

assets to be divested by the Company. Therefore, the Company will obtain the approval for the asset disposal transactions in accordance with the business restructuring plan of the Company as outlined in