1 No. 3/2020 November 25, 2019 Re: Notification on the subscription of the newly issued shares in Thai Identity Sugar Factory Company Limited, a subsidiary of the Company Attn: The President of the

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CONTENTS Page I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS .......................... 5 II. DESCRIPTION OF MTN Program

. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT 1 AND ADVISERS II. DESCRIPTION OF MTN Program 1 III. RISK FACTORS 2 IV. MARKETS 2 V. TAXATION 2 VI. SELECTED FINANCIAL INFORMATION 3 VII. INFORMATION ABOUT THE ISSUER

Economic Outlook of the International Monetary Fund for October 2019 cut this year’s global economic growth projection to 3.0 percent from the previous forecast of 3.2 percent. The figure is the lowest

or should have been known, but not exceeding two years from the effective date of registration statement.” แบบ 69-FD 2 CONTENTS Page I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

ครอบคลุมถึงตามที่กําหนดใน ASEAN Equity Disclosure Standards โดยมีสรุปการเปรียบเทียบขอมลู ดังนี้ ASEAN Equity Disclosure Standards (รายละเอียดตามเอกสารแนบ) แบบ filing ปจจุบัน (แบบ 69-1) I. IDENTITY OF

3.2 percent from the previous forecast of 3.3 percent due mainly to an anticipated slowdown in developing countries and emerging economies, in particular, China, India and ASEAN. The Federal Reserve and

Silom area and proximity. Asset-light model gearing towards hotel management business The International Monetary Fund (IMF) has revised 2018 global growth forecast upward to 3.9% from the former estimate

result, NESDB has revised its 2024 growth forecast to a range of 2.3%-2.8%. Key supporting factors include the ongoing recovery of the tourism sector, private consumption, and both public consumption and