V2 14/05/62 0 V2 14/05/62 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the First Quarter of 2019 The Thai economy in the first quarter of 2019

contribute to the rate hike are to curb financial stability risks and to start building policy space. In the auto industry, expansion continued during the 11 months of 2018 with total number of car sales at

which are: 1. Manufacturing: The Company is a contract manufacturing in relation to accessories and faucet products to the industry customer. 2. Trading: The Company has imported the accessories and

credit-impaired financial assets (POCI) 3 domestic political uncertainties that may affect investor confidence and result in a delay of government policy implementation. For the auto industry, the total

property developer in Dubai, to jointly develop a new resort on Deira island, Dubai under Vienna House’s brand. The expected total value of the project is up to THB 5,000mn. Should the project proceed to a

continued to develop new housing projects.

subsided. Moreover, the modern trade operators and construction materials retailers are still expanding their branches and group of project customers has also continued to develop new housing projects.

. Consequently, the share transfer was completed on September 27, 2017. - On September 4, 2017, EGCO has entered into a Shareholder’s Agreement of Nam Theun 1 Power Company Limited (“NT1PC”) in order to develop

Market Association, as the case mat be; “Association” means association related to securities business authorized from the Office to establish and register with its objective to support and develop

develop securities business in the category of investment management; “State agency” means central administration, regional administration, local administration, financial institutions development fund