quarter of 2017 from the concrete product business , food products and gasoline business. 3.3 During the second quarter of 2018, the Company received the payment from trade receivables at the amount of Baht

local financial institution 70 million baht and the rest 225 million baht for developing business. Detail of the transactions are as follow. 1. Transaction date With in August, 2018 2. Parties involved

Translation CEN 034-2018 November 13, 2018 Subject : Management Discussion and Analysis for quarter 3-2018 To : The Manager and President The Stock Exchange of Thailand Business operation for 3

scheduled for the completion in the third quarter of 2021. The acquisition was completed on April 17, 2020. 2. Business overview EGCO Group have invested in the Power Producer (PP), Independent Power Producer

9.12% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2020 2019 Change (THB million) Change (%) Revenue from External

130 MW for 27 years. The construction of the project has progressed 73.92% (The construction plan was 82.73%). The commercial operation date is scheduled in the second quarter of 2022. 2. Business

: Approval for Personnel of Business Operator to Perform Duty of Investment Analysis and Investment Consultant dated January 18, 2012 as well as has prohibited characteristics under Clause 6(3) of the

first six months of 2016. * Note: Total Flights was data of flights that serviced by BAFS only at BKK and DMK Growth (y-o-y) (q-o-q) (y-o-y) Aviation Refuelling Services Business : Aviation Fuel Volume

. Objective of the capital increase and the use of proceeds to be received 5.1 to be used to expand the business via Direct Investment and additional investment in associated companies in property business

real estate development and service business. The Company has developed premium housing projects in central business area to open up new business opportunities. Moreover, the opportunity in rental real