company. The REIT may offer a loan to the company under the first paragraph through the holding of debt instruments or entering into an agreement in the nature of money borrowing, in which case such loan

the total paid-up shares with voting rights of the company being held; The holding of shares by an individual under the first paragraph shall include shares held by a spouse and a minor child of such

with voting rights of the company being held; The holding of shares by an individual under the first paragraph shall include shares held by a spouse and a minor child of such individual; (c) a company in

exceeding fifty percent of the total paid-up shares with voting rights of the company being held; The holding of shares by an individual under the first paragraph shall include shares held by a spouse and a

and develop securities business related to investment management; “debt financing” shall include the issuance of debt instruments or conclusion of any transaction that would result in or is in substance

first phase is 30 MWh which the first battery cell is expected to be completed in December this year. GPSC is coordinating with several parties to introduce the prototype for mobility and stationary

Cycle (Days) 40 40 Total Debt to Equity Ratio (Times) 0.80 0.47 Interest Coverage Ratio (Times) 189.00 126.53 Debt Service Coverage Ratio (Times) 92.06 75.36 (3) Asset Management Capability (3.1) Debtor

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the first quarter ended March 31st, 2019 Management Discussion and Analysis of Business Operation for Q1/2019

period of time for entitled to renewal * The Second Stage Sector A B C The First Stage and the Second Stage Sector A B 60 : 40 Sector C 0 : 100 15 years 8 months to October 2035 4 years 4 months The Second

performance, please see 2Q 2017 performance analysis. Despite the lower-than-expected recovery of advertising spending during the first half of 2017, the Company expects to see an improvement in advertising