Microsoft Word - 5. TKS - SET Announcement (BOD) (EN) - final (first amendment with allocation ratio).docx 1 (-Translation-) Ref. IR 60/011 December 12, 2017 Subject: Reduction of the Registered

Microsoft Word - 1. TKS - SET Announcement (BOD) (TH) - final (first amendment with allocation ratio).docx 1 ที IR 60/011 12 ธนัวาคม 2560 เรือง การลดทนุจดทะเบียน, การทําคําเสนอซื อหลกัทรัพย์ทั งหมดใน

plan, the Company will use such fund from this issuance and allocation of the newly issued shares to the private placement investor as an initial working capital for crude palm oil (CPOA) trading

allocation of the newly issued shares of the Company to Mrs. Chatchaya Tritrakulchai will help the Company to have a working capital for starting the business of crude palm oil (CPOA) trading business for

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround

39.00 million Baht or 1,270%. Although the Company will continue to manage controlling of inventories turnover to be less than 45 days. The Crude Palm Oil (“CPO”) price was fluctuated in the 1st quarter

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

spread between finished product and crude oil in every product category, and from the higher average crude oil price; resulting in an Inventory Gain of THB 834 million, exceeding 2016’s. Moreover, there

their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of

government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease