material. However, the Company had received the financial support from Link Capital I for the amount not exceeding USD 50 million or equivalent to THB 1,557.80 according to the Board of Directors Meeting of

Iconic Property Company Limited. 3. General Transection : To provide the financial support based on shareholding proportion by providing the loans of Baht 1.50 million increased from Baht 54.00 million to

introduced monetary and semi-fiscal policies to cope with the economic downturn to support the economy. In the third quarter of 2019, the company recognized revenue from the production line installation

the 2020 economy will decrease from -5.3% to - 8.1%, causing overall market uncertainty. The Company has adapted to support the situation by considering investing in the educational loan business. Under

99.99% of registered capital held by the Company Establishment objective : To support the Hotel Management Agreement business Funding source used : Working capital of the Company The establishment of this

-9320 1 Ref: PLC 2018/009 May 11, 2018 Subject: Management Discussion and Analysis Quarter 1 Ended 31-Mar-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

of the previous year due to the Company needed funds to support project, therefore, increased external borrowing and overdraft with a relatively high interest rate. - At the end of the year of 2019

increasing in Bank overdraft and short-term borrowings from financial institution due to support revenue growth. In conclusion, the Company operates with our corporate strategy to balance its business units by

concentrate to the brand awareness to support sustainable growth. However, the Company concerns about the importance of expenditure management efficiency. 4. Net profit and net profit margin 3Q18 and 9M18 net

a normal business support transaction for the company In this regard, With a value compared to last year's sales of not more than 49,000,000 baht and the total value not more than 3 % of the Net