to comply with the rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board. In case the ALPHAX used the proceeds obtained from the offering of new

ALPHAX’s failure to comply with the rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board. In case the ALPHAX used the proceeds obtained from the

with the rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board. In case the ALPHAX used the proceeds obtained from the offering of new shares to

2.19 per share as at end of year 2018 to Baht 2.41 per share as at March 31, 2019. (2.6) Cash Flows Description Unit: Million Baht Year 2019 Year 2018 Cash Flows from (used in) Operating Activities

: Million Baht Year 2020 Year 2019 Cash Flows from Operating Activities 291.08 254.19 Cash Flows from (used in) Investing Activities (85.32) 75.83 Cash Flows used in Financing Activities (193.72) (317.01

: (1) having a complete work system for operating the mutual fund rating business which can be shown that the rules used in the mutual fund rating are based on academic principle and reflects the purpose

2.19 per share as at end of year 2018 to Baht 2.38 per share as at June 30, 2019. (2.6) Cash Flows Description Unit: Million Baht Year 2019 Year 2018 Cash Flows from (used in) Operating Activities 404.66

Flows from (used in) Operating Activities 515.06 399.65 Cash Flows from (used in) Investing Activities (149.98) (73.41) Cash Flows from (used in) Financing Activities (351.67) (307.20) Unrealized exchange

management” shall refer to the term of “executive” in the Notification of the Securities and Exchange Commission No. KorChor. 5/2552 Re: Definitions used in the SEC’s Notifications Relating to Issuance and

and financial statements audited by an auditor who is employed by an audit firm that has been inspected by the SEC*;             2.  Submit half-year and annual financial statements that have been