Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for

Thailand Enclosure: 1) Information Memorandum on Assets Acquisition of Master Ad Public Company Limited; 2) Capital Increase Report Form (F53-4); 3) Information Memorandum on the Issuance and Offering of the

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the first quarter ended March 31st, 2018 Management Discussion and Analysis of Business

Committee of PTT Exploration and Production Plc., board member of the National Economic and Social Development, member of Insurance Commission, board member of Thai Smile Airways Co., Ltd., member of the

competitiveness of the Thai exchange. 2. In the form of public company limited, the SET would have a clear ownership structure with evident groups of stakeholders, which would in turn enhance its operating

at a satisfactory rate as seen by the 6.4 percent increase in the gross domestic product. The growth was stimulated by the increasing private sector consumption, public sector spending, and investments

was the financial literacy development with an aim to educate the public and investors on capital market investment and investor rights protection as well as to establish the robust foundation of the

Initiative ................... 30 Table of Contents [ 6 ] BEYOND COMPANY ENGAGEMENT Engaging on Public Policy

BCPG Public Company Limited) invested in a hydro power plant project located in Laos People’s Democratic Republic with total installed capacity of 45 MW. This is an acquisition of 100 percent shares of

to high domestic ethanol stock, and the increasing aggregate domestic production capacity. Natural Resources Business Group recorded soften performance though the Company still realized additional