-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

products which the Company is a distributor and manufacturer and being a distributor of tools and other products under trademark “Goodyear”. The necessity of the increase capital is that the proceeds will be

Capital Structure • Total assets increased by 13.3% from the end of 2018 to Baht 114,038 million as of September 30, 2019, primarily due to the continual expansion of project portfolio both local and

just 1% higher than the previous year. Average daily market turnover of 2019 was Baht 53,192 million, down 7.8% from Baht 57,673 million in the previous year. Local institutional and retail investors

2018 to Baht 121,693 million as of December 31, 2019, primarily due to the continual expansion of project portfolio both local and overseas. • Total interest-bearing debts increased by 3.8% from the end

possibility of integration Figure 3: Margins and Returns 6 into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global

totaling Baht 742.5 million; and at the same time borrowed Baht 1,129.0 million from local financial institutions. (2) Liquidity Ratio & D/E Ratio Financial Ratios (Times) As at September 30, 2017 As at

local steel products instead of imports. However, the policy encouraged to increase production capacity and supply excess capacity to other countries. This will create problems for the steel market in

local and foreign institutional investors, as well as high net worth individuals under Private Wealth Management. For high net worth clients, other wealth management products are provided such as mutual

:  Equity and Derivatives Brokerage Business Phatra Securities Plc. (“PSEC”) operates Agency Business providing both securities and derivatives brokerage services to local and foreign institutional investors