client ; (4) avoids any action which causes the client to breach or fail to comply with the restrictions or duties as stipulated by any law in case the client notified [the intermediary] about such

insignificant to the case and the costs outweigh the benefits derived from compliance with such rules or conditions; (2) the Thai government agencies are subject to restrictions under other laws resulting in

and the costs outweigh the benefits to be derived from compliance with such rules or conditions; (2) the foreign entity who submits the application is subject to restrictions under other laws resulting

covered by the interim cash flow statement. This includes the nature and extent of any legal, financial, or economic restrictions on the 19 ability of subsidiaries to transfer funds to the issuer in the

financial valuation : 10 years as it is considered as appropriate period for financial projection that can provide an accurate and precise result. Total number of branches in 2018 : 11 branches of the

any of the following characteristics: (a) being subject to restrictions or suspension of business operations ordered by the government or regulatory authority supervising the business operation of such

are not worth the cost of complying with such requirements or conditions; (2) the applicant is subject to restrictions under other laws, either Thai or foreign laws, that do not allow the applicant to

of cash in hand and cash at banks, and all highly liquid investments with an original maturity of 3 months or less, and are not subject to withdrawal restrictions. Cash Flow For Year Ended December 31

must contain the scope or policy on investment, investment restrictions, and the customers’ right to obtain intelligible and adequate information on the private fund management. Furthermore, any

customers’ objectives and needs, each private fund management contract must contain the scope or policy on investment, investment restrictions, and the customers’ right to obtain intelligible and adequate