E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter 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 amid high household debt, whereas public investment and the government’s budget disbursement were aff...

WISDOM brand and maintain our leadership status, we delivered a superior experience with exclusive privileges for optimum customer satisfaction. Among the highlights were “Snap the Moment with Style

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...

practical innovation including innovation competition “EGCO Group Innovation Team Challenge”. 2. Significant events in 2018 2.1 The progress in construction projects - Xayaburi Project, a project of the

for Capex and investments in progress that are not generating revenue and earnings as on date given Figure 9: Repayment Schedule of Long Term Debts 14 Table 8: Joint Ventures Performance USD in Mill

sectors. In addition, there is considerable excess liquidity in the commercial banking system, with a high liquidity coverage ratio of 162.3 percent. Therefore, the progress of infrastructure investment

resolution of the Board of Directors with respect to the Transaction and the progress of the Transaction to the investors and the Stock Exchange today. Please be informed accordingly, Yours faithfully, -Signed

Servicing Coverage Ratio (DSCR) times 3.8 2.9 Interest coverage ratio (times) 10.2 6.7 Note (1) Net debt after debt for Capex and investments in progress that are not generating revenue and earnings as on

in the commercial banking system, with a high level of liquidity than required by the Bank of Thailand. Infrastructure investment progress needs to be closely monitored as more bidding processes will

company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person