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management continued resulting in controlled network OPEX. SG&A rose in the quarter to support customer acquisition and the one- time expense of Bt134mn on withholding tax. As a result, normalizing the one
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statement of CCPH and Q1/2017 management account of KPPH Unit: THB/share Par Value Book Value BV ratio Exchange Ratio Offering Price CCPH 69.57 299.85 1 : 4.31 1 : 5.5 (1 common share of CCPH in exchange for
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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
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