No. B52-2020-05/002 7 May 2020 Subject: Management Discussion and Analysis - for the three-month period ended 31 March 2020 To: The President of Stock Exchange of Thailand B-52 Capital Public Company
factors that continued to occur since the previous year, such as the production of new high-technology products, an increase in the cost of goods sold resulting from a continuously high cost of raw
somewhat more popular fund raising channel as witnessed by the continuous increase in corporate bond market value. Survey on asset management companies indicated that mutual funds for accredited investors
increase the shareholding proportion in PMC to 40.00% of issued and paid-up share capital. Therefore, PMC will be an associate company which is the manufacturing supply chain of the company. (12) Opinions by
the capital market. The project will raise awareness and understanding among local business owners about raising funds through the capital market which will support business expansion, increase in
the capital invested in the subsidiary, SSK, at the cost price where the term of the payment of share price is limited within 2.5 years. The Company, therefore, recognized the loss from the calculation
subsidiaries for 3Q19 comparing with 3Q18 The consolidated net profit for 3Q19 totaled Baht 1,610 million, an increase of 3.8% yoy, of which Baht 402 million was the net profit from Capital Market Business
registered capital total baht 765,000,000 and Paid-up capital baht 765,000,000 with 7,650,000 common shares at a baht 100 par share and the Company will hold 16.67 % which amounts to baht 127,525,500 at value
investors and increase alternatives and choices for business operation and investment. In addition, they reaffirm the Thai capital market’s competitiveness and efficiency, which will further support