from the economic recovery in export, tourism, investment of private sector, and the expansion of government spending, which is a good sign for the Company operation in 2018. Topic Annual Balance Change

private investment increased in line with the economic recovery. Meanwhile, the government expenditures spending grew primarily through regular spending. However, government expenditures increased from the

products that received good response from customers, such as Marian Plum. Number of foreign tourists traveling to Thailand (people) Source : Ministry of tourism and sports The Recovery of the Tourism

spending power and being the main group of tourists coming to Thailand to help the recovery the tourism sector, which is an important factor of the Thai economy. 39.9 6.7 0.4 11.2 27.1 36.6 2562 2563 2564

of recovery due to interest rate cuts and increased government budget disbursements. Additionally, the launch of the iPhone 16, featuring Apple Intelligence, which introduces a revamped camera control

from the securities company that underwrites the structured notes and the issuer. The investors may study the registration statement and draft prospectus filed by the debt se with the SEC Office on the

% 4.6% Liquidity ratio 31-Dec-19 31-Dec-18 Current ratio (time) 1.41 1.35 Leverage ratio 31-Dec-19 31-Dec-18 Interest bearing debt to equity (time) 0.94 0.40 Net interest bearing debt to equity (time

) July 14, 2017 After the SSG group, led by SSG Capital Holdings Limited (“SSG CH”) expressed its interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J

characteristics to other existing debt securities, except for their core objective of financing projects that contribute to environmental conservation and/or social development. These products therefore are not

to consider the following matters:      (1) Granting an exemption from an event of default for the bond issuer’s inability to maintain the Interest-Bearing Debt to Equity Ratio not exceeding 5:1 as