restaurant and convenience store businesses to encourage consumers to spend via QR code in lieu of cash, the launch of full-service K CONNECT-LG to enable customers to issue or renew a letter of guarantee and

; as well as having exhibition booths at various exposition events.As for the SPAR convenience store, the brand established more varied sales promotion campaigns e.g. SPAR Aroi-Tua-Thai which brings

- oil business, under the supervision of Bangchak Retail Co. , Ltd. ( “ BCR” ) is still developing and expanding its business continuously. As of Q1/2020, the number of SPAR convenience store was 44

3 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 5 IX. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 6 X. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 7 XI. INTERESTS OF EXPERTS AND COUNSEL 8

. The Company has routes network movement as follows: Adding Frequency  Bangkok – Phu Quoc from 4 flights per week to 5 flights per week (February 2018)  Bangkok – Vientiane from 7 flights per week to

................................................................... 7 VII. INFORMATION ABOUT THE ISSUER .................................................................... 7 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS ...................................... 9

determination. 7. Where not all of the debt securities being offered are guaranteed, provide a statement for a non-guaranteed portion. B. Covenants Relating to the Issuance of the Debt Securities 1 “senior

the Company’s shares traded on the SET during the 7 consecutive business day prior to the date on which Board of Directors’ Meeting of the Company resolved to propose to the shareholders’ meeting to

the 7 consecutive business day prior to the date on which Board of Directors’ Meeting of the Company resolved to propose to the shareholders’ meeting to consider and approve the Issuance and Offering of

traded on the SET during the 7 consecutive business day prior to the date on which Board of Directors’ Meeting of the Company resolved to propose to the shareholders’ meeting to consider and approve the