., Ltd (“ECC”) which engages in the food and beverage catering business. At present, ECC provides its services to international schools in South East Asia region. Initially, the Company invested 51% in ECC

respectively, the net profit of the present year decreased by 39.4 percent. 1.7 Share of income from investment in associate In April 2009, the Company invested in the ordinary shares of Mory Lohakit (Thailand

MD&A Q3Y2019 (E) - 11.11.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Management Discussion and

printing-media entrepreneurs to suffer losses in the present. After this sale of shares of NINE, the Company shall pursue its strategy and policy, focusing on the core business operation that the Company

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 014/2019 18 March 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding no payment

shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the information provided in this MD&A

the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However

, the Company has received all the capital payment from investors. The Company has registered the increase in paid-up capital to the Ministry of Commerce. At the present, the Company’s paid-up capital has

Exchange of Thailand CH. Karnchang Public Company Limited hereby informs the resolutions of the Board of Directors’ Meeting No. 1/2019 which was held on February 28, 2019 as follows: 1. Resolved to approve

1 2017 MD&A: PACE Development Corporation PLC. Executive Summary For the second quarter of 2017, 3-month operating period ended June 30th, 2017 (“Q2 2017”), the total revenues of the Company was