borrowing to support loan expansion. For the impairment loss of loans was 114.07 million Baht, a decrease of 32.51 million Baht or 22.18%. The decrease was due to the good improvement of receivables quality

H ANNIVERSARY 5 Among the key efforts to support economic expansion and regional growth in 2012 were the introduction of infrastructure fund and real estate investment trust (REIT). With relevant

issuing and offering the ordinary shares to the existing shareholders of the Company helps to increase financial liquidity and have sufficient capital to normally operate business, support the expansion of

potential of the country’s human capital. This is particularly true amid demographic change, by which Thailand will become an aged society by 2021 with its low birth rate. Moreover, technology plays an

as well as a favorable expansion of private consumption and investment of both private and public. For electricity industry situation in 2019, Thailand’s peak demand in Electricity Generating Authority

range target of 1-3% to be in line with the changes in financial conditions and structurally lower inflation stemming from 1) aging society 2) growth of e-Commerce and 3) technological advancement

expansion of subsidiaries, staff cost and expenses of hospital quality improvement. Please be informed accordingly. Sincerely yours, (Mr Pongpat Patanavanich) Managing Director

business expansion would not meet the target. 6. Shareholding before transaction: 49.00% of the Registered Capital 7. Shareholding after transaction: 0% of the Registered Capital We are also pleased to

. Finance costs increased by Baht 2.95 million or 18.81 % due to the Investments in subsidiaries and the building expansion projects of the subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing

known and the greater customer base expansion resulting in the net profit in accordance with the ratio of stocks held by the Company of 1.04 million baht. The combination of such two incomes results in