%2 *&)8 26*2%&'13?)* *>?'1%213 =*61'2 (initial margin) &) (call margin) &)8 2=+2=23&2 2

an increase in share capital from the private placement in December 2017 and retained earnings. LIQUIDITY AND CASH FLOW (THB mn) *After tax and net tax refund (THB 275mn) and interest expense (THB 83mn

, which decreased by 9.0% and 11.1%, respectively, from the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate

) Notebook Products, decreased by THB 575.35 million (-17.92%), (3) Ticket Premium Advice Products, decreased by THB 32.70 million (-92.02%), (4) Network Products, decreased by THB 15.34 million (-3.74%). The

service stations. Also, within this quarter, diesel sales volume to agriculture sector increased. Aside from this, the company launched Hi Premium Diesel S, an innovative premium quality diesel in response

establishing and pending promulgation of 2020 capital expenditure and 4) Consumption and investment of private sector was shorten in the meantime household purchasing power weakened from income, unemployment

), amount of capital to be raised, number of units offered, offering price, type of unredeemable units; - Specify the purpose of the REIT fundraising; in case of real estate investment purpose, identify the

Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS New Capital Structure and Use of Proceed from IPO Regarding our IPO, we received net proceed from IPO in the amount of Baht 11,078 million composing

% 288,422 4% 199,225 3% Total liabilities 2,028,462 41% 2,427,769 38% 3,549,367 49% 3,722,009 58% Share capital 1,757,663 35% 2,155,849 34% 2,155,959 30% 2,155,959 33% Premium on ordinary shares 802,590 16

expenses that are necessary to understand the issuer’s results of operations. B. Liquidity and Capital Resources 1. Provide information about the issuer’s short-term and long-term liquidity, i.e., its