impact on investors and shareholders.  Since the Commerce Ministry’s Department of Business Development (DBD) rejected an IFEC application to register Mr. Wiphu Maharakkakla and Mr. Manusak

issues with the Department of Business Development, the Ministry of Commerce [thus currently unqualified to work], (3) execution of a contract to buy and sell a land in the Phaholyothin area with a prior

AGM. According to the consideration of the Department of Business Development, the Ministry of Commerce, Nittimon?s action was in violation of Section 33, Section 102 and Section 105 of the Public

of Thailand (SET), the Federation of Thai Industries, Thai Chamber of Commerce, Investment Banking Club and participating approved auditors. At present, 289 companies from 42 provinces joined the

of Business Development, the Ministry of Commerce, Nittimon’s action was in violation of Section 33, Section 102 and Section 105 of the Public Companies Act of 1992, which do not give chairman of

Economic Growth Sources: Office of the National Economic and Social Development Council and Ministry of Commerce *Projection by KResearch Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 1.2 Banking Industry

recovery after the policy rate was cut to 1.00 percent during the MPC meeting held on February 5, 2020. Sources: Office of the National Economic and Social Development Council and Ministry of Commerce

Ministry of Commerce Projection by KResearch 2017 2017 Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 1.2 Banking Industry and Competition In the third quarter of 2017, net profit of most commercial banks

percent 3.0 3.3 3.9 4.0 -0.9 0.2 0.7 1.1 -2 -1 0 1 2 3 4 5 GDP Headline Inflation Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and Ministry of Commerce

_ Page 1 of 4 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub-district, Bang Khen District, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No