Offeror :  | Date of submission of the Statement of Intention : 22/01/2008

MD&A Eng Q1-19 13-5-19 _1_ 1 Translation UWC 014-2019 May 14, 2019 Subject : Management Discussion and Analysis for quarter 1-2019 To : President of the Stock Exchange of Thailand Ua Withya Public

Microsoft Word - GSC MD&A 2019_Q4 - Eng 26.02.2020 -Translation- ELCIDGSC003/2020 Date : 26 February 2020 Subject : Clarification on the changes of the year end 31 December 2019 Operating results To

Microsoft Word - MD฿A ประจำปี 2560_E 1 -1- Management Discussion and Analysis for the Year 2017 1. Operating Results (Company and Subsidiaries) Consolidated revenue for the twelve months of year 2017

consolidated financial statements, of Baht 3,058 million, a decrease of 6 percent compared to 2016, mainly due to a decrease in Brokerage fees income and gains and returns on financial instruments. The details

S&P MD&A 2017-Revised Year In Comparison Table -1- Ref. POL. 028/2018 February 23, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock

compared to last year which was in accordance to an increase in revenue from sales of good. However, the Company has a slightly drop in gross profit margin from 23.51% to 22.50% in this year. Mainly came

percent compared to the first quarter of the previous year. The significant revenues are as follows: 1.1 Brokerage fees The Company’s brokerage fees in first quarter of 2019 were Baht 166 million, a

Microsoft Word - GSC MD&A 2019_Q1 - Eng 10.05.2019.docx -Translation- ELCIDGSC004/2019 Date : 10 May 2019 Subject : Clarification on the changes of the first quarter of 2019 Operating Results more

shareholding proportion is 49 percent and 51 percent, respectively. Both investors agreed to establish a joint venture company in Thailand with the registered capital of Baht 1 million, divided into 100,000