Banking In the third quarter of 2019, the Thai economy expanded at a rate lower than projection and below its potential. When excluding gold, the value of merchandises exported continued to shrink owing to

Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that

prepared in a currency other than the currency of the host country, disclosure of the exchange rate between the financial reporting currency and the currency of the host country should be provided, using the

the loan from the bank amount of approximate Baht 140 million which is a 6-months short term with interest rate 1.7 – 1.9 per year. However, the loan application from the financial institutes shall have

the same period last year, respectively. Meanwhile, private consumption increased gradually, as a recovery in purchasing power remained tepid. Private investment has shown signs of improvement

as the rise of e-commerce and growing global supply chains, both of which limited the pricing power of domestic firms. As a result, Thailand’s nominal GDP increased by 6.3 percent, leveling at Baht

Period (Date) Amount (Million Baht) Interest rate (per annum) October 4, 2018 October 3, 2019 364 20.00 6.75% November 29, 2018 November 28, 2019 364 150.00 7.00% December 21, 2018 December 20, 2019 364

to deliver fewer rate hikes than last year, even though the policy rate will continue to rise incrementally in 2019. At the same time, the European Central Bank and the Bank of Japan may keep their

controlling power and the nature of business during the preceding year as well as the material changes in the shareholding structure, management or business operation or any other important events (e.g., merger

the Company; 1.1.2 Material changes and developments Give a brief account on the material changes and developments regarding the controlling power and the nature of business during the preceding year as