transaction is considered commercially viable, the price of AJP shares to be issued for share swap at 8 baht per share is not appropriate. The said view coincided with the opinion expressed by the independent

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

seminar entitled “Embracing Sustainability: No Turning Back”. Along with this, we took part in an exhibition which coincided with the Bangkok Sustainable Banking Forum 2019 held at the Bank of Thailand