1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on June 30, 2018 1 Significant events 1. On March 30, 2018, Bangkok

affected the financial liquidity and adequacy of cash flow used as working capital of the Company. Therefore, the Company had to cease its production in 2012 and 2013. Enclosure 4 3 In 2014, the Company

. Directors, Management and Controlling parties are i) possess qualifications and not possess any prohibited characteristics or any characteristics indicating a lack of appropriateness to be relied on to manage

comply with the requirement as follows: Criteria NDR (after the transaction is completed) 1. Directors, Management and Controlling parties are i) possess qualifications and not possess any prohibited

-9320 1 Ref: PCL 2019/003 February 20, 2019 Subject: Management Discussion and Analysis Yearly Ended 31 December 2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as

increase of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 5. Finance Costs

amount of THB 94 million, interest rate at 12.5% per annum, with maturity date on 15 November 2017. This financial assistance is to assist GSTEL on their operation business and temporary working capital

-9320 1 Ref: PLC 2017/017 November 16, 2017 Subject: Management Discussion and Analysis Quarter 3 Ended 30-September-2017 (Additional) To: The President of the Stock Exchange of Thailand Panjawattana