delays in budget disbursement, while external factors such as global conflicts affecting oil prices and the purchasing power of our trade partners have also exerted significant influence. Additionally, the

education strategy in line with Thailand?s Capital Market Development Master Plan and in preparation for the imminent aging society. ?Financial literacy, income generation, smart spending, saving discipline

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

benefit expenses in accordance to the labour protection act (No.7) in second quarter of 2019, moreover; during lockdown the company implemented a cost saving scheme; where 6 months figure lower by 11

to earn adequate income after retirement. Therefore, the Ministry of Finance has proposed the draft National Pension Fund Act to enable mandatory retirement saving scheme for documented workers, which

company’s tax saving in Q2/2016. Meanwhile, electricity profit was increased by recognition of operating performance of SEGSD. Page 13 Other Subsidiaries in Power Generation business: Unit : Million Baht

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2019 Ended September 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

income from rental and service went up 7.93% due to the number of renter decrease 22.30% in VIBHA but the cost is still constant. 3. The net income decreased 16.68% (Separate financial statement

เพ่ือเพ่ิมความยืดหยุ่นในการจัดการกองทุนของ บลจ. อันจะท าให้ บลจ. สามารถตอบสนอง ความต้องการของผู้ลงทุนได้มากยิ่งข้ึน อาทเิช่น การจัดตั้งกองทุนรวมตลาดเงินที่ก าหนดราคา หน่วยลงทุนคงท่ี (“MMF constant NAV

54=M F7527K 6MEG FG0=E43 3ก 4,?+ 6+*? 1>MEGก 3M MMF constant NAV 5กก MMF >71>,ก2C+ 6+*?กก mark to market 4 ก ก* E43MEG?> BC447D27K 6G,?ก E ก+*? U ?>4 4 กC? ก , (ก 4F 6E ( . (=> Cก+*?ก 3M E? BC4