reduce the risk of liquidity management for customers’ repayments. In the past year, the rate of the amounts of outstanding receivables or provisioning of the Company did not increase. The debtors can

. Similarly, demand for housing loans and credit card loans is expected to decline further. In 2020, commercial banks should focus on assisting debtors, especially within the SMEs sector, in accordance with the

the debtors is in default or unlikely to perform the obligation accordingly to the rules applicable to mutual funds issued under Section 117 of the Securities and Exchange Act B.E. 2535 (1992), mutatis

assets under the securitization project owing to the originator or debtors does not reside in the Kingdom of Thailand. In this regard, the jurisdiction of the court where legal proceedings are allowed to

attachment to enable the debtors to live with sufficient financial means as appropriate in the current social context. The amended legislation will thus expedite execution proceedings per judgement or the

to a penalty per established conditions. 3. To enhance efficiency in reorganization of debtors in general, the amended law facilitates them to lodge a petition for reorganization to the court without

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...