under the goal of investing in Startup businesses pertaining to innovation, and the Company holds 100% shareholding. September o BCPG Indochina Company Ltd. (Subsidiary of BCPG Plc.) invested in a

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the quarter ended September 30th, 2019 Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 21 24 26 28 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environ...

investment. Focus was on an asset allocation strategy for long-term investment that offers consistent returns in spite of a highly volatile environment. We are aware that diversification holds the key to

following relationships with others: (1) spouse or child who has not yet become sui juris; (2) relationship between a juristic person and its shareholder or partner who holds shares or partnerships directly

). This allocation of the newly-issued shares of the Company to the Existing Shareholders will not cause any of the Existing Shareholders to be a shareholder of the Company who holds the ordinary shares of

Existing Shareholders to be a shareholder of the Company who holds the ordinary shares of the Company increasingly in the way that reaches or crosses the trigger point to make a tender offer as specified in

of the Company who holds the ordinary shares of the Company increasingly in the way that reaches or crosses the trigger point to make a tender offer as specified in the Notification of Capital Market

DATO’ LOW KENG HUAT 2) LOW WEI CHOONG 3) DATO’ MARCO LOW PENG KIAT 4) CHEONG CHEELENG 5) WONG FEE CHE Shareholders and portion of holding shares : Consistent Record Sdn. Bhd. (“CRSB”) holds 20,000,000

5) WONG FEE CHE 10 Shareholders and portion of holding shares : Consistent Record Sdn. Bhd. (“CRSB”) holds 20,000,000 ordinary shares or equals to 100% of paid-up capital Nature of Business: FKRMM

4) CHEONG CHEELENG 5) WONG FEE CHE Shareholders and portion of holding shares : Consistent Record Sdn. Bhd. (“CRSB”) holds 20,000,000 ordinary shares or equals to 100% of paid-up capital Nature of