, the Group had followed up and evaluated closely the situations and implemented appropriate measures to reduce the business impacts as follows; 1) Changing working processes during temporary closing some
regulation issued under The Emergency Decree on Public Administration in Emergency Situations from the Coronavirus disease 2019 (COVID-19), and low spending season. Even though online sales channel have been
due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis
company, upon consideration, honestly and reasonably believes that either of the following circumstances occurs and approval of the mutual fund supervisor has been obtained: (a) the securities or assets of
circumstances. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK
regulatory circumstances in which CRAs operate, and the varying size and business models of CRAs, the manner in which the Principles were to be implemented was left open. The Principles 1 See IOSCO Technical
there may be circumstances causing the management company to necessarily change the invested assets or proportion to preserve the best interests of investors; (2) a statement accompanying the reservation
) SANCTIONS.—If the Board finds, based on all of the facts and circumstances, that a registered public accounting firm or associated person thereof has engaged in any act or practice, or omitted to act, in
from the announcement. Financial structure The Company emphasizes the importance of financial structure management efficiency which should be flexible in difficult circumstances and able to maintain the
period, movements of inventories and the prevailing economic condition. Management believed that the reduce cost to net realisable value is adequate in the current circumstances. Source of fund Unit