fund; (12) Government Pension Fund; (13) Social Security Fund; (14) National Savings Fund; (15) Financial Institution Development Fund; (16) derivatives business operator under the Law on Derivatives

under (1) to (9) or (11) to (25); (11) provident fund; (12) Government Pension Fund; (13) Social Security Fund; (14) National Savings Fund; (15) Financial Institution Development Fund; (16) derivatives

Ext. 912 Utilities Business Development Department 02-719-9559 Ext. 940 No. WHAUP-CS014-2562 3 WHA Utilities and Power Public Company Limited Information Memorandum regarding the Acquisition of Assets 1

Limited and other information according requested by SET) Dear Directors and Managers Stock Exchange of Thailand According to Advanced Connection Corporation Public Company Limited, the “Company” has

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for

effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had

for project development of not more than Baht 15,000 million will result in the total transaction value of not more than Baht 29,500 million, equivalent to the highest transaction size of 71.81 percent

and environment – under good corporate governance, appropriate risk management and effective cost management. Prioritizing the development of technological solutions with the aim of becoming “Customers

Baht 89.84 million. Moreover the Company still development quality of product and service followed by client’s standard that appropriate with their business. The Company also organized the marketing

Company”) still has carried adjustment of the business strategy to focus on the large project. Moreover the Company still development quality of product and service followed by client’s standard that