companies and securities held for trading in 4Q19. The Company's investment in 2019 was in line with the long-term strategic plans: Balance, Diversify and Expand. In addition to the investment in ECC which

brokerage risk = Brokerage risk * ความนาจะเปนที่ลูกคาจะไมมาชําระเงิน โดย Brokerage risk = STDEV of return on SET Index *2.58 * Trading Volume * mkt.share *จํานวนวนัที่ใชในการ clear position ทั้งนี้ ในการ

Ref Ref. HF 0021 / 2018 February 23rd, 2018 Subject : Notification of the resolution of the Board of Directors No. 1/2018 (Edit) To : Director and Manager of The Stock Exchange of Thailand We, Hwa

/2018) To : Director and Manager of The Stock Exchange of Thailand We, Hwa Fong Rubber (Thailand) Public Company Limited, would like to notify the resolution of the Board of Directors Meeting No.1/2018

SET LETTER Q2-2017 -1- Ref. POL. 103/2017 August 15, 2017 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

: 0107556000248 No. (SUTHA-SET) 030/2017/Eng 10 November 2017 Subject: Management Discussion and Analysis for period ended 30 September 2017 To: The President of the Stock Exchange of Thailand Attachment

S&P MD&A Q3-2017 -1- Ref. POL. 136/2017 November 13, 2017 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

Ref Ref. HF 0021 / 2018 February 23rd, 2018 Subject : Notification of the resolution of the Board of Directors No. 1/2018 To : Director and Manager of The Stock Exchange of Thailand We, Hwa Fong

S&P MD&A YE2018-ENG -1- Ref. POL. 029/2019 February 27, 2019 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

30 July 2019 At: ACC/HO 017/19 Re: Management Discussion and Analysis for the Quarter of 2/2019 To: President The Stock Exchange of Thailand In the second quarter of 2019, the Thai economy inclined