availability of retained earnings on the separate financial statements . In all cases, dividend payment shall depend on cash flow and investment plan including any other future obligations of the Company and /or
still be made twice a year and is based on consolidated earnings and subjected to the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on
the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other future obligations of the
prospects in any changing circumstances. The dividend payment shall still be made twice a year and is based on consolidated earnings and subjected to the availability of retained earnings on the separate
consolidated earnings and subjected to the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other
availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other future obligations of the Company and/or
Management Discussion and Analysis For the fourth quarter and year ended December 31, 2019 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd, Silom, Bangrak, Bangkok 10500
focus on mobilizing operational responses to protect and grow certain revenue segments while seeking to reduce and optimize cost to ensure the company is able to fairly manage its cash flow and