SAAM Energy Development Public Company Limited - 1 - 12 May 2020 Subject: Management Discussion and Analysis for the period ended 31 March 2020 To: The President The Stock Exchange of Thailand SAAM
government has policies to help the cost of living of people at the grassroots level, it focuses on spending of the essential consumer products only. Products of the Company: For Medical Devices; There is
considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. Based on
not want to invest for a long term for the development of public utility because the company is required to use the proceeds from the sale of shares to the investment and development of industrial
and creating liquidity issue 3) Political and Geopolitical risks from the tensions in the Korean peninsula, US political issues impacting the US government tax reform bill and the wave of trade
PDR to facilitate Economic and Industrial growth according to National Economic and Social Development Plan No. 7. 8. Condition Precedent This transaction is considered as class 2 transaction according
for the development of Carnival Magic Project, Safari Group will emphasize on the appropriateness of the Company’s financial structure and the compliance with the loan agreements. Currently, the
amount of Baht 9,700 million with rating A- through private placement offering with over subscription 2 times amidst challenging market condition. The Debentures have a term of 2-10 years with effective
Cryptographic Control; 2.7 Physical and Environmental Security; 2.8 Operations Security; 2.9 Communications Security; 2.10 System Acquisition, Development and Maintenance; 2.11 IT Outsourcing; 2.12 Information