TBSP) in the total numbers of 2,200,000 shares with purchase price of THB 13.60 each. Business operation of TBSP TBSP engages in manufacturing and printing of security documents such as cheque, business

% shares in TBSP Operating Business of TBSP TBSP engages in manufacturing and printing of security documents such as cheque, business form or plastic card. Financial Information of the Company and TBSP Set

3/ Thai CAC  3/ Declared Thailand Sustainability Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business The Company engages in the business of manufacturing and

, travelling expenses and professional fees. In 2018, the increase in administrative expenses are mainly due to (1) increase in employee and management expenses from new hires supporting business expansion of

or 40% rose from the same period last year which mainly due to number of new hires and administrative expenses of Outrigger and Crossroads. Page 7 of 8 Singha Estate Public Company Limited Management

expenses, e.g. consulting and legal fees. The Company reported 2019 administrative expenses of THB 2,072m or increased by 30% YoY which mainly due to number of new hires and administrative expenses of

13.18 million or 124.11% from SAAM Energy Development Public Company Limited - 4 - the previous year mainly due to i) increase in employee and management expenses from new hires supporting business

437m or increased by 53% YoY which mainly due to number of new hires and administrative expenses of Outrigger and Crossroads. Finance Costs In 1Q19, the Company reported finance costs at THB 207m

business, non-operating activity expenses, e.g. consulting and legal fees. The Company reported 2Q19 administrative expenses of THB 573m or increased by 104% YoY which mainly due to number of new hires and

Company expand its business toward insurance business in 2018 by become a majority shareholder in JP Insurance Public Company Limited for 55% of total shares which engages in non-life insurance business