institution as the highest rank persons with managerial authority who are capable of management, ethical, honest, understand and responsible for business undertaking; (4) having determined clear scope of

Paragraph 1(1) (a) 4. of clause 18 shall rank the highest in short-term issue rating or the three highest in long-term issue rating. In the case where bill of exchange or promissory note under Paragraph 1

type of instrument or securities. Clause 18/2 4 Bill of exchange or promissory note that the securities company will invest under Paragraph 1(1) (a) 4. of clause 18 shall rank the highest in short- term

of instrument or securities. Clause 18/24 Bill of exchange or promissory note that the securities company will invest under Paragraph 1(1) (a) 4. of clause 18 shall rank the highest in short- term

Phatra Securities Plc. for 1Q21 was at 10.84%, continuing to rank 1st from total of 38 brokers. Overall market environment The Thai economy started out at a slow pace in January 2021 due to the resurgence

LIMITED BRR: BURIRAM SUGAR PUBLIC COMPANY LIMITED BSBM: BANGSAPHAN BARMILL PUBLIC COMPANY LIMITED BSM: BUILDERSMART PUBLIC COMPANY LIMITED BTNC: บริษัท บูติคนิวซิตี้ จำกัด (มหาชน) BTS: บริษัท บีทีเอส กรุ๊ป

project e.g. lower cullet costs, new formulation, lower sugar costs, however, somewhat offset by cost increase from natural gas. *Net Profit = Net Profit attributable to owners of the parent Financial

proven resilient in the past and we expect this to continue into the rest of 2019. The main lime consuming sectors of the industry were not immune to the disruption: the sugar cane harvest was down after a

lime sector and related customer segments. Market sentiment continues to be positive: our view at the end of 2017 that the sugar season would be 10-15% stronger compared to the previous year came to

remain externally with the continued US-China trade relationship a risk. After a record sugar season which exceeded expectations both in size and length the 2018/19 season is again expected to be strong