/2016, the Company set up another subsidiary namely Halcyon Tools and Engineering Co., Ltd. (HENG) as a distributor in the Eastern region. The new subsidiary has part of its customers transferred from

Transaction and the Notification of the Board of Governors of SET Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Connected Transactions, 2003. Because the counter party of the

within the period of 21 days from the date on which the transaction is disclosed to the Stock Exchange. The details with respect to the second asset disposal transaction (Transaction No. 2) are set out in

)236-835 150/18 Mitraparb Rd. Muang Khon Kaen Thailand 40000 Tel. (043) 333-555 Fax. (043)236-835 Ratchaphruek Hospital No. RPH-SET 2/2018 24 February 2018 Subject : Management Discussion and Analysis

January 2017. The company has set a provision in full amount of 401 million baht, 3) Baht 217 million of tax assessment (including penalties and surcharges) for the year 2005- 2006. The company has

SET and a decrease in the Company’s market share from 3.76% in 2016 to 3.27% in 2017. Fees and Service income In 2017, the Company reported fee and service income of Baht 672 million, representing an

acquisition, number of Phoenix’s Board of Directors is set to be 5 (five) directors in which 3 (three) and 2 (two) directors are the representatives of the Company and existing shareholders, respectively. In

Phornphan in the amount of Baht 5 million in 2017 and Baht 2 million in February 2018 and the allowance for doubtful accounts was set for EIC Semi in the amount of Baht 1.97 million. 9 . Loss on devaluation

increase of 699 million baht in provision of legal cases when compared to 2016. It came from the amount which was set aside for liabilities arising as a result of lawsuits against the Company by the

written by such board of directors. In case of any material amendment, change or modification to such policy and plan, intermediaries shall comply with the requirement set out in the first paragraph (1) or