Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS New Capital Structure and Use of Proceed from IPO Regarding our IPO, we received net proceed from IPO in the amount of Baht 11,078 million composing

derivatives position remaining until the settlement date. 6. Risk from being unable to proceed with the order of futures trading of an investor for loss limitation The derivatives broker may be unable to

may lose from the derivatives position remaining until the settlement date. (Translation) 6. Risk from being unable to proceed with the order of futures trading of an investor for loss limitation The

futures trading or due to any other reasons, the investor may lose from the derivatives position remaining until the settlement date. (Translation) 6. Risk from being unable to proceed with the order of

transfer the land promptly. 8. Benefits that the listed company expects to obtain as a result of the transaction The proceed from sale will be used to improve the working capital, increase liquidity and

or submit additional documents evidence as appropriate within the specified period. If the applicant fails to comply or proceed as required, the Office shall deem that (Translation) -4- such applicant

an amendment to the trust instrument fails to meet the requirements as prescribed under Sub-clause (1), the trustee shall proceed in accordance with its power and duties as specified in the trust

evidence as appropriate within the specified period. If the applicant fails to comply or proceed as required, the Office shall deem that such applicant does not intend to apply for an approval to be listed

fund supervisor, the former fund supervisor shall proceed as necessary to ensure that the new fund supervisor can continue duty performance. In this regard, such proceeding shall include signing in the

seller agrees to proceed for the Nation University to repay for the last installment of the debt within 31 January 2019. 2. Involved Parties and Relationships between the Parties Shares Purchase Agreement