Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

investors about STARK’s financial condition and business operation.  At the time of the incident, Chanin held the position of President, Sathar held the position of Chief Financial Officer, Company Secretary

following information: 1. key assumption applied which is clear and easy to understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from

management scheme and prospectus: (a) the projection of incomes and expenses of the mutual fund which includes the following information: 1. key assumption applied which is clear and easy to understand

mutual fund management scheme and prospectus: (a) the projection of incomes and expenses of the mutual fund which includes the following information: 1. key assumption applied which is clear and easy to

expenses of the mutual fund which includes the following information: 1. key assumption applied which is clear and easy to understand, including details on forecast and risks which may cause the return or

easy to understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is certified by a

is clear and easy to understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is

holding the in-person meeting on the condition that the unitholders have a channel for posting inquiries or requesting clarifications. In addition, a summary of Q&A must be disclosed through an

(section 230) |- Terms and Condition for Information Technology |- Anti-Money Laundering and Combating of Terrorist Financing |- Others