this matter. The Company therefore recognizes the benefits of expanding and further developing the energy business. And the long-term benefits of joint venture in this business. 8. Opinion of the Board

expanding and further developing the energy business. And the long-term benefits of joint venture in this business. 8. Opinion of the Board of Directors regarding the Transaction Opinion of the Board of

. They are likely to be revised and refined over time as more information and insight becomes available — both as we learn more about the application of the Criteria to growing numbers of bonds, and how

increase after a decline during the end of 2017. With the economic expansions for the first quarter of 2018 growing at a faster rate than expected at 4.8% together with positive signs of recovery across

after a decline during the end of 2017. With the economic expansions for the first half of 2018 growing at a faster rate than expected at 4.8%, the Bank in-house research has revised the Thai economic

increasing 34%. Along with this acquisition the start-up of kiln 7 also contributed additional capacity which was particularly significant during the peak sugar season and also gave us the room to take

Company had expanded branches of noodle store, “Dink Dink”, which made a total number of 4 restaurants under management, 3 in Singapore and 1 in Taiwan. The Company is currently considering expanding more

increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In 2019, moving Annual Total (MAT) Year 2019 of domestic

the parent on consolidated financial statement. 2) Decimal numbers shown in this management discussion and analysis are likely to be different from the Company’s financial statement due to the rounding

holders of the parent on consolidated financial statement. 2) Decimal numbers shown in this management discussion and analysis are likely to be different from the Company’s financial statement due to the