business for international schools and the healthy food business. Although hotel business is expected to remain under pressure from global economic slowdown and Thai Baht appreciation, the Company expects a

sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2018 Ended March 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

MW Economic Ownership 100.0% SCOD October 2020 EDC PPA 30 MW / 20 years % Progress 20.0% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis ABBREVIATION COD Commercial Operation

to economic, political, and any situations in foreign countries that had a significant impact on overall operations. Therefore, to maintain the growth performance, the Company has planned operations to

restructure of the Company’s group in order to cope with consequences from the current economic recession, including the industrial regression of business which is not core business of the Company, e.g

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED AND UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SECOND

assets with the economic value and concern with the direct role of being a fund in accordance with the law on Securities Exchange and; (2) Shall not have any matters showing that management company enter

Interest on Investment or Holding of Securities or Other Assets for Management Company dated 9 September 1999; (3) Notification of the Office of the Securities and Exchange Commission No. SorNor. 33/2543 Re

or Other Assets for Management Company dated 9 September 1999; (3) Notification of the Office of the Securities and Exchange Commission No. SorNor. 33/2543 Re: Acts that may Create Conflict of Interest