enforced by banks, brokers, etc. • Governance by code, not by people – Nobody to hold accountable – Code is not always well-written – Velocity of transactions is very high, e.g., “flash loans” • Reliance on

: - Thailand & Indonesia – production at very minimum level despite no closure of business due to most OEMs in Thailand had stopped their production until July 2020. Malaysia – very low production in May 2020

was 169.09 million baht. It increased 105.85 million baht or equivalent to 167.35 % compared with the same period of previous year. Very truly yours, …………………………. Mrs. Teerada Ambhanwong Managing

income tax, the net profit was 5.86 million baht. It decreased 6.90 million baht or equivalent to 54.08 % compared to the same period last year. Very truly yours, ………………………….. Mrs. Teerada Ambhanwong

the previous year. Very truly yours, ………………………………. Mrs. Teerada Ambhanwong Managing Director&CEO

showed no significant change comparing to the same period of the year before. Total Expenses: The figure of THB (120.99) M in 3Q19 was very similar to THB (120.70) M of 3Q18, where the period of 9 months

proposition that buy trades are more informative than sell trades. However, for very large trades, it appears that, regardless of market conditions, the permanent price impact of buys is always larger than the

subcontractor and fabricators like UEC. This is effect to small volume for UEC in Q1/2018 and very high competition. Discussion and Analysis of the Company and its subsidiaries Operational Results in Q1/2018 and

purchase of adjoining land from external parties, the Company may be required to further purchase the land from Mrs. Siwalee Trivisvavet. Please be informed accordingly. Very truly yours, = Signature = (Dr

decreased 133.17 million baht or equivalent to 94.88% when compared with the same period of previous year. Very truly yours, ………………………. Mrs. Teerada Ambhanwong Managing Director&CEO