Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...
, may modify or change the conditions already specified under the first paragraph. Section 28. No digital asset business operator shall appoint or allow any other person who possesses any of the
modify or change the conditions already specified under the first paragraph. Section 28. No digital asset business operator shall appoint or allow any other person who possesses any of the prohibited
. In the case where it is appropriate or necessary, the SEC Office upon approval of the SEC may revise or modify the operating plan; in such regard, the provision in the first paragraph shall be
of the SEC may revise or modify the operating plan; in such regard, the provision in the first paragraph shall be applicable, mutatis mutandis. The operating plan of the SEC Office under the first
to them being considered as connected persons of the Company. As of the date of this information memorandum, limited partners mainly comprise investors who are pension funds, sovereign wealth funds
information memorandum, limited partners mainly comprise investors who are pension funds, sovereign wealth funds, family offices, insurance companies, endowment funds, and fund of funds. Specific details of the
hold or transact in trading instruments presenting a conflict of ctivities. 2.11 In instances where rated entities or obligors (e.g., sovereign nations or states) have, or are simultaneously pursuing
positive following sovereign outlook in April 2020. On April 2, 2020, Fitch Ratings revised BBL’s ratings due to large-scale economic disruptions from the Covid-19 pandemic. Details of the Bank’s credit
for: • Project bonds • Corporate bonds (asset-linked) • Portfolio bonds • Asset-backed securities • Sovereign (programmatic) bonds. Criteria are available for wind and solar assets. Other key investment