assets used in WOG ITR’s business operations to WOG Technologies (Thailand) Company Limited (“WOG THAI”) at a total price of Baht 223 million (VAT included) divided by 3 installments as follows.  1st

Management 17  Digital Risk Management 18  Strategic Risk Management 19 3. Business Directions and Operations of Core Businesses 20 3.1 Sustainable Development and Corporate Governance 20 3.2 Business

operations or significantly reduce employment. 3. More-severe-than-expected impact of the drought could affect farm income For banking sector in the first quarter of 2020, commercial bank loan expanded at a

, CentralPlaza Rayong, CentralPlaza Khonkaen and CentralPlaza Phitsanulok. Revenue from hotel operations The Company adopted a new hotel revenue and cost recognition from 2019 onwards in which net revenue from

that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made pursuant to the conversion of loans that

or approximately THB 846.7 million so that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made

operations or significantly reduce employment. 3. More-severe-than-expected impact of the drought could affect farm income For banking sector in the first quarter of 2020, commercial bank loan expanded at a

expenses. Profit from Operations Before Expected Credit Losses and Income Tax In the first quarter of 2021, profit from operations before expected credit losses and income tax amounted to Baht 1,052.2

Regulations and Rules related to Business Operations 2 2. Risk Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk Management 7 2.3 Liquidity Risk Management 8 2.4 Digital Risk 8 3

total interests expenses together with the tax privileges from the exemption of income tax granted by the Government that helped save more corporate income tax. 1. Analysis of Business Operations (1