Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Third Quarter and Nine-Month Period Ended 30 September 2018 1. Q3/2018 Highlights Figure 1

an increase in profit of Baht 1,019.56 million, or 121.2 percent. The significant transactions were as follows:- Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30

Company to support and increase the liquidity of the Company. Such company is a wholly-owned subsidiary of the ultimate parent company, namely Argyle Street Management Holding Limited (“ASMH”). ASMH is a

) as increasing generation of chilled water and the slight increase in maintenance cost. Comparing 1H/2019 vs 1H/20181H PAGE 11PAGE 11 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 1. IPP Operating

business by capitalizing on capital market group’s expertise in the wealth management business and through the commercial banking business distribution channels to increase fee income and assets under advice

1 Ref: AC.016/2019 4 May 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

Website: www.aapico.com Management Discussion and Analysis for the year 2022 2 Total revenue increased by 34.7% year-on-year. Sales and service income increased by 35.0%, with 39.3% increase in automotive

of the Company’s plan. However, in order to increase the efficiency and capacity in business competition, the Investor may reconsider and amend the Company’s organizational structure, management plan

own assets to create financial freedom.”Currently 26 business operators have been approved by SEC and it is expected that the number will increase respectively. The approved business operators can

Bangkok, May 10, 2012 - The SEC Board and the Capital Market Supervisory Board have approved regulations on establishment and management of Real Estate Investment Trust (REITs) to offer a new