Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

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in SUTG of the total 66.00 per cent on the date of entire business transfer. By comparing a fair value of SUTGH and the Company, by the TMB Bank (Public) Company Limited, the Company’s financial

Nation Multimedia Group Public Company Limited Nation Multimedia Group Public Company Limited (the “Company”) would like to inform the resolutions of the Board of Directors’ Meeting No. 6/2020, held on 25

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company’s major shareholder Remuneration Policy The company carried out inter-transactions with other companies, on a fair business practice basis, based on market prices and normal business terms (Fair and

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are displayed in various fairs (the latest fair is Thailand Rubber Expo 2019). The objective is to introduce products to become more well-known. The Company expects that the domestic market will expand

Overall Operating Results for the Company and its subsidiary 1.1 Analysis of Operating Results for the Company and its subsidiary for the 3-month period ending 31 March 2020 Table 1: Overall operating