Meeting of the Shareholders for the year 2020 as follows: (1) The exercise price is revised from Baht 14.00 per share for JMART-W3 and Baht 18.00 per share for JMART-W4 to Baht 11.00 per share for JMART-W3

acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”). Details of the Share Acquisition Transaction are as follows: 1. Subscription of 805,264 newly issued ordinary shares of

whether or not the HRC price at that time was significantly increase or decrease. Management’s Discussion and Analysis (MD&A) For Q3/2017 5 Executive Summary In the third quarter of 2017, the company has

of the company being held; (3) ”securities” means shares, debentures, bills, sukuk, share warrants, debenture warrants, derivatives warrants and depository receipts ;” (4) “securities underwriter

; (3) 1 2”securities” means shares, debentures, bills, sukuk, share warrants, debenture warrants, derivatives warrants and depository receipts ;” (4) “securities underwriter” means a securities company

-up shares with voting rights of the company being held; (3) 12”securities” means shares, debentures, bills, sukuk, share warrants, debenture warrants, derivatives warrants and depository receipts ;” (4

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s revenues continues to grow primarily from strong rental business performance

2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 December 2017 Executive Summary Thailand’s economy in

Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the third quarter of 2018 ended 30 September 2018 Executive Summary

new ordinary shares with a par value of Baht 100.00 per share, at a price of Baht 649.88 per share, totaling Baht 150.00 million. It will be implemented simultaneously with the acquisition of HECH's