analyst will be allowed to cover no more than 15 securities in average; published research must be updated at least 4 times a year; brokers must put in place control over quality of investment research and

investment relatively to quality of such instrument or financial institution. Under the revised rule, the fund will be allowed to invest not exceeding five percent of net asset value in deposit or instruments

authorized auditors. Sincerely yours, VAROPAKORN PUBLIC COMPANY LIMITED (Mr. Sahasee Chitanondh) Managing Director CC. Corporate Monitoring Department, The Securities and Exchange Commission

Ratanasuwanachart Board of Director Authorized Persons to Disclose Information

. Miss Kanoknart Ratanasuwanachart Board of Director Authorized Persons to Disclose Information

find the financial statements and statement of accounts ended June 2017 which have been audited by the authorized auditors. Sincerely yours, VAROPAKORN PUBLIC COMPANY LIMITED (Mr. Sahasee Chitanondh

in world oil prices, resulting in a sharp drop in commodity prices this causes a lot of price competition. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign

which was reviewed by the authorized auditor of PricewaterhouseCooper ABAS Co.,Ltd. and approved by the Board of Directors of the Company on meeting No.4/2017 held on November 8, 2017 and also clarify the

please find the financial statements and statement of accounts ended September 2017 which have been audited by the authorized auditors. Sincerely yours, VAROPAKORN PUBLIC COMPANY LIMITED (Mr. Sahasee

audited by the authorized auditor of PricewaterhouseCooper ABAS Co.,Ltd. and approved by the Board of Directors of the Company on meeting No.1/2018 held on February 14, 2018 and also clarify the change of