Warrants does not have an adverse effect on the rights of the Warrant holders pursuant to Clause 1.5.9 of (Translation) — 2 — the terms and Conditions Governing the Rights and Obligations of the Issuer and

subsidiary agree to negotiate about the rental renewals. In case of there is no negotiation, it is considered that the subsidiary does not desire to continue such rental assets. Currently, the Subsidiary

Discussion and Analysis 1Q2020 DISCLAIMER The information contained in this material has been prepared by Singha Estate Public Company Limited (“S” or “Singha Estate”) solely for information purpose and does

Fax. 0 2204 2616 (Therefore, if the third completion of the share sale and purchase does not take place, the Company is entitled to claim for such sum of money in full from the broker according to the

but is at a manageable level and does not have a significant impact on the company as a holding company. The branch of Jaymart Mobile has started to sell after the government announced the relief of

end of the rental period, the creditor (the purchaser) and the subsidiary agree to negotiate about the rental renewals. In case of there is no negotiation, it is considered that the subsidiary does not

in the number of tourists does not significantly reduce the cost of sales and services due to the fix cost of the show performance. Loss on death of animal for the first quarter of the year 2020 of

volume of biodiesel sold. The Company will only sell by-products that excess the need of its productions. 1.2 Revenue from Refining Service The Company does not have refining service revenue since the 2nd

the information does not have any material impact on the investment decisions of the investors, and there is a reasonable ground not to disclose such information or the securities issuer has provided

. For example, The company does not set expected sales much higher than its capabilities so that it will lead to sales manipulation. 8.3 The audit committee considers and inquires executives in accordance