the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders are

the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative

potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together

in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder

product regardless of its complexity to high-net-worth individual, in which investors decline to complete the suitability test, providing that intermediaries must be certain that such investor has

examination on suspicious facts. Overall, the number of complaints against unlicensed securities or derivatives businesses is on a gradual decline, and 75 percent of the cases is beyond the SEC?s authority, for

shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders

decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders are, therefore, encouraged to thoroughly review the

Baht Power Generation Others Total Increase/(Decrease) Quarter 3 Quarter 3 Quarter 3 Quarter 3 2020 2019 2020 2019 2020 2019 Amount % Total Revenues 9,618 10,576 212 143 9,830 10,719 (889) (8%) Total

in 2016, or 20.57% increased. The rate of increase is less than the increment rate of company’s revenue; therefore, SG&A/revenues decrease from 12.56% in 2016 to 11.45% in 2017. 3. Financial Expenses