arrangement for KC to offer the 25 B/E issues at a value ranging from 25 to 150 million baht each, and then misappropriated the proceeds by counterfeiting the company’s meeting documents, jointly opening a bank

. Saran Lertchareonwongsa. Mr. Sunthorn Srimai, who was a NE director, was involved in the arrangement. This case is in the process of inquiry by the special case inquiry official. SEC Act S.307 308 311

. Saran. Mr. Sunthorn Srimai, who was an NE director, was involved in the arrangement. The payment was made by Miss Kornrawan. This case is in the process of inquiry by the special case inquiry official

A-1 CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING AGENCIES THE BOARD OF THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS REVISED MARCH 2015 A-2 CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING

construction under a concession arrangement - 131.3 (131.3) N.A. (

feasible 9) Conditions for transaction None 10) The Board of Directors’ opinion After BBW was no longer being a subsidiary company, the company still holds 5% of BBW, and participates in management, due to

% Revenue from finance lease under power purchase agreement 102.9 102.8 103.2 0.4% 0.3% 308.4 306.9 (0.5%) Revenue from construction under a concession arrangement 21.2 398.1 215.0 (46.0%) 914.2% 89.7 744.4

entities established under foreign law: (1) a foreign government agency or organization; 2 (2) an international organization; (3) a foreign juristic person. “debt securities” means newly issued debt

directors in each case every time before proceeding with the subcontracting and there shall be an arrangement for the subcontractor to become a person under Clause 12, Clause 16, Clause 17 or Clause 18, as

every time before proceeding with the subcontracting and there shall be an arrangement for the subcontractor to become a person under Clause 12, Clause 16, Clause 17 or Clause 18, as the case may be; (b