1. The effect of the Corona Virus Disease 2019 outbreak (COVID-19) At the end of March to the beginning of April, the government had measures such as closed the potential risk places, no activity in

UNOFFICIAL TRANSLATION Codified up to No. 3 As of 9 June 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

necessary for purchasing and acquiring the entire business transfer of SQL. For example, liaison with government authorities, amendment, alteration until the completion of entire business transfer. This

adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the

Crude Palm Kernel Oil(CPKO) prices than that of 1Q2017. Under these circumstances, the government has maintained B7 mandate in this quarter, comparing to the mandate of B5 back in 1Q2017. For Natural

impacted due to continued weakening of international market for flat products and increase in imports of Alloy Steel and Hot Dipped Galvanized HRC into Thailand due to strengthening of Thai Baht and removal

assets. Aside from government bonds of core economies, they raised their holdings of Thai assets thanks to Thailand’s healthier fundamentals when compared with regional peers. The Thai Baht therefore

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a

V2 24/08/60 09:22 น. 0 V2 24/08/60 09:22 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Thai Economy in the Second Quarter of 2017 The Thai economy in the second quarter

pose major downside risks for the Thai economy. However, various measures by the government and the BOT's policy rate cut are factors that would help support the country's economy. Thai Banking Industry