to an incre s, the detai e Income an e income a than the 3rd income an 16 of 33.7% ing the 3rd q d and bever Service Inc urred rental e 3rd quarter is, Q3/2017 Discussion a hange of Th c Company

for the three- month period and nine- month period ended 30 September 2017, which have been reviewed by the company’ s authorized auditor. The company would like to clarify the operating results of the

period to an incre s, the detai e Income an e income a than the 3rd income an 16 of 33.7% ing the 3rd q d and bever Service Inc urred rental e 3rd quarter is, Q3/2017 Discussion a hange of Th c Company

major shareholder of Taokaenoi Food & Marketing Company Limited, declared its intention to pay the penalty so that the Company’s current shareholders would not be affected. On October 17, 2017 the Company

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

., Ltd and appointment of member of audit committee. (Revised) To: President The Stock Exchange of Thailand Enclosure: Information Memorandum regarding the Acquisition of Asset of Demeter Corporation

under hire purchase agreement amount of Baht 3.72 million. 3. Shareholder equity as at, December 31, 2017 amount of Baht 668.28 million decrease from December 31, 2016 by Baht 10.13 or 1.49% , since the

shareholder of Vinythai). The disclosure of the said liquidation is in compliance with the regulations of the Stock Exchange of Thailand in respect to the Rules, Conditions and Procedures governing the

securities, the terms “ warrant ” “ execise of rights under warrants ” “ institutional investors ” “ registration statement ” “ parent company ” “ subsidiary company ” “ executive ” “ major shareholder ” and

Company expand its business toward insurance business in 2018 by become a majority shareholder in JP Insurance Public Company Limited for 55% of total shares which engages in non-life insurance business