has received from S- TREK between 2019 and 2021. The investment in ordinary shares in S-TREK (Portion 1 and Portion 2), totaling Baht 510,000,000 is considered as an acquisition of assets in accordance

that to owners rose by 20.8% to Baht 2,331 million. Normalised net profit (NNP) and that to owners were Baht 3,658 million and Baht 2,161 million respectively. Full earnings contributions from these new

for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate namely ABPIF. • Share of profit from

) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint

/2019 To Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) Regarding the Purchase of the Ordinary Shares of KPN Academy

the rights to purchase the Company’s ordinary shares under the warrants to purchase the Company’s ordinary shares No. 4 (U-W4) Agenda 12 To consider and approve the disposal of certain assets of the

assets to ensure their resilience to liquidity shocks. Factors Affecting Banking Industry Performance Thai commercial banks may encounter challenges from rapid changes in government policies and in the

expected to commence in 2021. Financial Position Balance Sheet Balance Sheet Breakdown As of 30 September 2019, the Company had total assets of THB 22,909 million, a decrease of THB 547 million (or -2.3

decrease by 4.2%. 6 2. FINANCIAL POSITION The Consolidated Balance Sheet as of 31 December 2019 is summarized as follows. Assets As at 31 December 2019, the Company’s total Assets was Baht 26,418.7 million

follows. Assets As at 30 June 2019, the Company’s total Assets was Baht 22,992.4 million, decreased by Baht 780.9 million from Baht 23,773.3 million at year-end 2018. The decrease was mainly from decrease