following qualifications: (1) Having paid up registered capital not less than one hundred million baht; (2) Not having a reasonable ground to believe that the applicant has financial condition that is likely

grades. during the current period. These factors are likely to impact the results of Q3 2019 but with the completion of Government formation process and discussions on providing stimulus to revive the

current period. These factors are likely to impact the results of Q3 2019 but with the completion of Government formation process, discussions on providing stimulus to revive the economy and enforcement of

cycle and circumstances are, nevertheless, more likely to impair this capacity BBB+ BBB BBB- Baa1 Baa2 Baa3 BBB+ BBB BBB- Speculative Grade This group involves speculative elements – capacity for

likely to grow in the future are: 1. Non-performing debt management business (JMT) It was a business that grew well during the recession. It is an opportunity to buy debt. For a good economy, it is an

positive response from the opening of ‘Mikka’ coffee shop. The Company soon realized that Mikka was able to respond to the new normal as consumers are less likely to eat in restaurant and consumers are

, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2024 6 significant growth in tourism. However, the recovery will likely be

, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total

refineries in the Netherlands, China, South Korea, and Australia; leading to tighter supply. Combined with many U.S. refineries around the Gulf of Mexico shutting down due to Hurricane Harvey in September

Tax (SBT) from NPAs sales and higher interest income on loan purchased to The Revenue Department, combined with the company's higher other expenses in the amount of Baht 253.50 million, or 91.03% , from