revenue from selling electricity of Ichinoseki Solar Power 1 GK (ISP1) as a result of the lower light intensity in winter season. PAGE 3 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Executive

market share at 65.4% fell 12.8% YoY to THB 17,226mn and Traditional media (Newspaper, Magazines and Radio) with a 13.8% market share, declined by 22.7% YoY to THB 3,629mn. Out-of-Home media (OOH), which

hotel, hotel management, and share of profits/losses from investments. • Owned Hotel 2017 2016 % Chg Occupancy (%) 73.3 73.2 1.5 ADR (THB/night) 3,597 3,727 -3.5 RevPar (THB/night) 2,636 2,690 -2.0

2019: Disposal of asset. The Company entered into the Share Sale and Purchase Agreement to dispose ordinary shares in a subsidiary, Mo Chit Land (MCL), worth THB 4,320mn to Sino-Thai Engineering and

volumes and demand across all three verticals due to recovery in polyester fiber demand, increase in light vehicles sales driven by China and continued strong demand for hygiene fibers, achieving an

Distribution of Newly Issued Shares and Share Warrants by Issuer

....................................................................................... 15 2.2. Final sector breakdown and activities mapping ....................................................... 19 2.3. Traffic light system

, AIS delivered a 4.1% core service revenue growth with 43.7% normalized EBITDA margin and has announced an interim dividend of Bt3. 78/ share, following minimum 70% payout ratio. The guidance for the

to secure a larger portion of the Heavy crude market share. This led Saudi Aramco to announce a discounts for its Official Selling Price (OSP) by 6 $/BBL, thus leaving Light crude in a state of market

loss of THB 255mn in 2Q 2018), largely as a result of the above reasons together with share of profit from investment in joint ventures • Total assets as of 30 June 2019 stood at THB 54,188mn, increasing