, covering air freight, sea freight, and trucking. The major customers are manufacturers and trading companies. UWT’s Subsidiary Company’s Name Guangzhou Universal Worldwide Transportation Limited Established

436.95 48.83 11.18% - LPG Trading 178.97 199.10 (20.13) (10.11%) 1 - Transportation 3.29 3.15 0.14 4.44% - Conversion Kit Installation 1.74 1.85 (0.11) (5.95%) - Construction 287.89 219.73 68.16 31.02% 2

a higher overall SG&A cost up 7.0% versus the same period in 2016. A decrease in trading activities and one time effects also contributed to the drop in EBITDA. However, on the positive side the

working capital because the debt collections from the overdue debtors are more effective, and the management of the trade creditors is better; 2. A decrease of the investment in the trading securities in a

Company dissolution The Ascent (Thailand) Co., Ltd. and Chi Tai International Trading Co., Ltd. because of the need to invest in the third factory in Thailand. Please be informed accordingly. Respectfully

(Decreased) Percentage Remark Sales and Services Income 1,925.12 1,589.19 335.93 21.14% - LPG Trading 773.35 860.01 (86.66) (10.08%) 1 - Transportation 12.01 14.68 (2.67) (18.19% 2 - Conversion Kit

Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd. and Bongkot Marine Services Co., Ltd. 2/ EBITDA from Marketing Business of the Company, Bangchak Greenet Co.,Ltd., Bangchak

regulator. “ market maker ” means a person who is appointed to provide trading of ETF units for ensuring that their market price in the secondary market approximates the net asset value of such ETF units

the government or securities regulator. “market maker” means a person who is appointed to provide trading of ETF units for ensuring that their market price in the secondary market approximates the net

trading of ETF units for ensuring that their market price in the secondary market approximates the net asset value of such ETF units. “major participating investor” means any person specified in the ETF