gradual rebound of consumer purchasing power alongside the effort to restructure the pricing plans and the recovery of tourist- related usages in tourist sims and international roaming calls. This growth

acquired or disposed x 100 NTA of EFORL NA NA 2. Net Operating Profits Net operating profits of the Company x Buying or selling ratio x 100 Operating profit of EFORL NA NA 3. Total Value of Consideration

Assets (NTA) NTA of investment in the Company x Proportion of assets acquired or disposed x 100 NTA of EFORL NA NA 2. Net Operating Profits Net operating profits of the Company x Buying or selling ratio x

both domestic and international economic policies. Households’ purchasing power and debt servicing capability showed no sign of improvement. Under these circumstances, KBank put in place more stringent

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...

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

accelerated inflation and a decline in consumer purchasing power. Through challenges from various factors, AIS delivered core service revenue growth of 1.6% YoY, with the momentum of Fixed Broadband and

x Buying or selling ratio) x 100 Net operating profits of the listed company** ** In case the company produces consolidated financial statements, use the net operating profits from consolidated

. Buying the Medical Instruments The Company will appropriately make a purchase from distributors The Company anticipates that after all the conditions precedent specified in the related agreements have been

-owned of the Listed Subsidiary 2. The Construction of Wattanapat Samui Hospital Building Contractor: Waiting 3. Buying the Medical Instruments The Company will appropriately make a purchase from