Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2019 of the Company and the

director” means any person who is responsible for the operation of a department within the company; “Company” means any limited company or public limited company and shall include any juristic person

company; “Company” means any limited company or public limited company and shall include any juristic person established by a specific law with an objective to undertake businesses; “Association” means any

; “Company” means any limited company or public limited company and shall include any juristic person established by a specific law with an objective to undertake businesses; “Association” means any

public and the securities known by its business operation; “investor contact” means a person who contact, solicit, giving advice or prepare an investment plan to the investor or to client of securities

securities which is not reveal to public and the securities known by its business operation; “investor contact”1 2 means a person who contact, solicit, giving advice or prepare an investment plan to the

an institutional client; “inside information” means any information which substantial to the change of price of the securities which is not reveal to public and the securities known by its business

Mall Public Company Limited (the “Company”) would like to submit management’s discussion and analysis for its result of operations from the consolidated financial statements for the three-month and six

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the year ended 31 December 2019 1. Year 2019 Highlights Figure 1: Quarterly results  In Q4/2019, the

first half of 2020 was affected by the COVID-19 outbreak that wreaked wide spread havoc upon economies around the world. Moreover, the border closure policies, and travel limitations to control the spread