since September 16 and the Capital Market Supervisory Board, on October 18, approved a revision to the fund size rule in support of different types of project and the current business environment. The

Operations 27 4.5 Capital Requirements 27 4.6 Credit Ratings 29 5. Operations of Support Groups 31 5.1 Human Resource Management 31 5.2 IT Management 32 1 1. Overview of Operating Environment 1.1 Global and

, which had been shut down in 2Q17 to support the completion of the brownfield expansion. The original facility resumed production in 3Q17. 4Q17 will see a further improvement in overall PTA production at

there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the funds as stated in the prospectus. The Company’s

cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the

sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company

sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the

surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price