% Maintenance capex (113) (101) 12% (42) (22) (30) 42% Cash Flow After Strategic Spending (1,383) (21) (639) (465) (1) Net financial costs (154) (128) 20% (68) (20) (42) 65% Dividends and PERP interest (311) (154

% in 2017 which exceeds the previous forecast at 3.5%, after seeing a continuous growth from export and tourism sectors supporting with the injection from government spending in which collectively lead

which is due to continuous expansion and support from the export and tourism sectors resulting in the increase in private and government spending. While the primary energy consumption in Q2/2018 has

Tourism business is the business depending on domestic and international economic situations. If the economy grows and expands increasingly, the public will have more incomes for spending. However, if the

cushion the impact to some degree. Private investment is also projected to contract in line with the slowdown in economic activity. Public spending on investments are expected to be fall as government

.) Government spending and investment in infrastructure despite a lower rate of growth due to the delay of government establishing and pending promulgation of 2020 capital expenditure 3.) growth in private

inequality / taxation Data privacy and rising cyber security threats Age of transparency: consumer awareness Gov. mandated to regulate corp. sector Public sector spending constraints Resource intensity of

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the year ended 31st December, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wGu3Y2zg...

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...

estimated period of spending such amount. 4. Others: Ex. As working capital Remarks: 1. Disclose the estimated net amount of the proceeds broken down into each principal intended use thereof, which can be