operation; risk management; selection and monitoring of its personnel assuring that they have and maintain such qualifications that correspond to the nature of their duties and internal control measures to

operation; risk management; selection and monitoring of its personnel assuring that they have and maintain such qualifications that correspond to the nature of their duties and internal control measures to

operation; risk management; selection and monitoring of its personnel assuring that they have and maintain such qualifications that correspond to the nature of their duties and internal control measures to

less than zero (2) Net Profits from Normal Operation Criteria Cannot be calculated due to the Company and Associate Company’s have a loss Enclosure (3) Total Value of Consideration Criteria Total Value

Company Limited (“company”) and Subsidiaries (“group”) as their operation in business in year 2020 consists of 6 segments such as investment in other businesses, wire business segment, transmission line

honesty and integrity based on their career records, as well as having skills and experiences which are beneficial to the business operation; (4) being able to show the readiness of its work system and

assets and the adoption of TFRS 16  Net profit from operation was THB 51mn, an increase of 25.0%  Cash flow for the quarter from operating activities remains positive at THB 65mn KEY BUSINESS AND

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

operation of Innotech Asset Management (or “Innotech” formerly known as “Solaris Asset Management”), a subsidiary. Innotech is currently on process of preparing personnel and operating system to reactivate

from continued operation over several years, with net loss for the nine-month periods ended on September 30, 2019 and 2018 in the amount of Baht 40.83 million and Baht 10.69 million, respectively. The