KINGDOM AA+ , HONG KONG BB , VIETNAM A- , MALAYSIA 256,748 224,935 64,484 19,177 16,138 11,885 3,654 3,406 3,287 11% 7%24% 8% 0.8% 28% 19%52% 52% NOVEMBER 2020 0.02 (2%) 0.59 (44%)0.74 (55%) Equity Fixed

could be permitted. In this regard, SEC will arrange a meeting among Thai asset management companies, SFC, the Financial Services & the Treasury Bureau, the Hong Kong Monetary Authority and Hong Kong

Page 1 of 5 26 February 2019 Subject Management Discussion and Analysis for the year ended December 31, 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

discussions on  opportunities and challenges of SMEs as well as regional growth opportunities of asset management business will be held on November 30.SEC Secretary-General Vorapol Socatiyanurak revealed that

Unit trust Fixed income Operator %total UT  Invesco BlackRock JPMorgan Asset Management Allianz Wellington Management 13% 10% 9% 6% 5% Total 43% 97% 2% Gov. Bond 1% Deposit FI Debt instrument Issuer

BB+ , VIETNAM A-  , SAUDI ARABIA AA , KOREA AA+ , HONG KONG 186,948 109,273 32,990 19,579 16,478 19,991 12,691 10,726 6,144 12% 4%14% 6% 0.6% 43% 16%35% 35% OCTOBER 2022 0.03 (2%) 0.81 (66%) 0.40 (32

BB+ , VIETNAM A-  , SAUDI ARABIA AA , KOREA AA+ , HONG KONG 180,333 103,887 19,047 20,529 17,723 21,389 11,353 10,271 5,877 12% 4%14% 6% 0.6% 44% 15%33% 33% NOVEMBER 2022 0.03 (3%) 0.81 (67%) 0.37 (31

หนา้ 1 จาก 5 November 13, 2018 Subject : Management Discussion and Analysis Quarter 3 Ending 30 September 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

income Unit trust Operator %total UT  Invesco BlackRock JPMorgan Asset Management PIMCO Baillie Gifford & Co Limited 12% 8% 7% 6% 6% Total 38% 92% 7% Gov. Bond 1% Deposit FI Debt instrument Issuer %total

Fixed income Operator %total UT  Invesco BlackRock JPMorgan Asset Management PIMCO Allianz 13% 8% 7% 6% 6% Total 39% 92% 7% Gov. Bond 1% Deposit FI Debt instrument Issuer %total FI  Bank of China Qatar