related to the restructuring of the holding structure of the Company. MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 3 U CITY PCL 15

the negotiation and benefits the Company will receive. 3. Details of connected party and relationship nature : Major shareholder of the Company holding 24.22 percent of total paid-up capital of the

target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be

the year. Foreign purchasing power was greatly contracted by the impact of trade war affecting the sales volume while the falling price of raw materials in global market and intensive competition among

) above, excluding provident funds. 2 “executive” means a manager, the first four executives below the manager, and any person holding a position equivalent to the fourth such executive. “major shareholder

owned by the trustee having power to manage the asset thereof; (c) the REIT shall be managed by the trustee and the assigned REIT manager appointed by the trustee according to this trust instrument. The

(เอม็พพีซีแีอล) ใหแ้ก่ SMC Global Power Holdings Corp. โดยกลุ่มบรษิทัไดร้บัรู้ ก าไรจากการขายเป็นจ านวนทัง้สิน้ 320 ลา้นเหรยีญสหรฐัฯ หรอืเทยีบเท่า 9,795 ลา้นบาท 2. ภาพรวมในการด าเนินธรุกิจ เอ็กโกด าเนิน

เมกะวตัต์ โดยจ าหน่าย ไฟฟ้าใหแ้ก่ Korea Electric Power Corporation (KEPCO) ซึง่เป็นผูร้บัซือ้ไฟฟ้ารายเดยีวใน เกาหลใีต้ โดยซือ้ขายผ่านตลาดกลางซื้อขายไฟฟ้าของประเทศเกาหลใีต้ และมรีายได้จากการ จ าหน่าย

according to SEC act Tor Jor 12/2554 Terms and Conditions, and Procedure in holding shares to control the business (“Tor Jor 12/2554”) or in violation of foreign shareholders regulations. The executive

of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened