, Management Arrangement, Operating Systems, and Providing Services to Clients of Securities Companies and Derivatives Intermediaries dated 6 September 2013; “ fund ” means any mutual fund and private fund

Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment

major negative impact to temporarily interrupted in economy from power purchasing retardation in domestic and foreign and lacking of imported materials such as automotive production, electronic devices

in Q4/2018 continuously grew. Export-oriented manufacturing businesses continuously expanded but domestic-oriented manufacturing was rather stable as slow recovery of private consumption and high

business. Similarly, private investment sector was slowdown regarding to the concern about uncertain government spending except in the electronics group that moved production base from abroad and the

% Raw Water Distribution by Area (Internal usage for tap water production is included) Internal Usage 10.84% Internal Usage 11.54% Factories 1.12% Factories 0.98% Private Industrial Park 1.40% Private

(Internal usage for tap water production is included) Internal Usage 11.17% Private Industrial Park 1.37% Factories 0.97% Household Customer 22.10% Industrial Estate 64.39% Industrial Estate 70.55% Private

, industrial sector and tourism sector. Domestic demand continued to expand from private consumption following the fundamental factors supporting overall purchasing power, while private investment contracted

, after the OPEC and allies have jointly initiated production reduction in tandem to their agreement. This would result in improved oil price which will support oil related business to recover in the second

/254 7 Re: Application Form for Approval of Private Fund Custodian and Supporting Documents By virtue of Clause 8 and the second paragraph of Clause 11 of the Notification of the Securities and Exchange