of the economy and the real estate market in Thailand, our company may have difficulty in managing NPLs and selling NPAs. 2.2 The company may face competition in sourcing NPLs and NPAs from competitors

Limited” and to distribute various products by classified as follows: Cosmetics: Comprising of cosmetics for face and body under the brands: Covermark, Sungrace, KMA, Paul & Joe and hair care products under

the face of the usual season weakness, 4Q17 is well on track to deliver strong year-on-year performance in favorable market conditions, mainly due to disruption in PET supply in Europe, the Middle East

The commercial banking sector in Thailand continues to face challenges from the business environment and ongoing changes in regulations. However, operating results in the second quarter of 2019 improved

-19 outbreak that will impact the current and future business operation, in which the Company has to prudently prepare the business plan and maintain sufficient liquidity in face of unforeseeable

sufficient liquidity in face of unforeseeable circumstances, the Company is adamant in maintaining shareholders’ return and return at present and in the long-term. The interim dividend was paid on June 12

%) on a slower-than-expected recovery of the tourism sector. For the full year 2020, the Thai economy is projected to contract significantly and face several downside risks including (1) the prolonged

uncertainty from the COVID-19 outbreak that will impact the current and future business operation, in which the Company has to prudently prepare the business plan and maintain sufficient liquidity in face of

quarter came from the Polar Vortex in the US Gulf Coast in February, negatively affecting volumes. Management was agile in the face of disruption and successfully restarted all plants, with majority ramping

and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme fails, the Company will face the following effects or risks: Enclosure 4 17 • The Company may