impact on investors and shareholders. Since the Commerce Ministry’s Department of Business Development (DBD) rejected an IFEC application to register Mr. Wiphu Maharakkakla and Mr. Manusak
issues with the Department of Business Development, the Ministry of Commerce [thus currently unqualified to work], (3) execution of a contract to buy and sell a land in the Phaholyothin area with a prior
AGM. According to the consideration of the Department of Business Development, the Ministry of Commerce, Nittimon?s action was in violation of Section 33, Section 102 and Section 105 of the Public
of Thailand (SET), the Federation of Thai Industries, Thai Chamber of Commerce, Investment Banking Club and participating approved auditors. At present, 289 companies from 42 provinces joined the
of Business Development, the Ministry of Commerce, Nittimon’s action was in violation of Section 33, Section 102 and Section 105 of the Public Companies Act of 1992, which do not give chairman of
applications, waivers, notices and any documents relating to the allocation of such newly issued ordinary shares, including effecting relevant registrations with the Ministry of Commerce and listing such newly
guarantee assets at certain banks, however, banks’ performance was still under Thailand Economic Growth Sources: Office of the National Economic and Social Development Council and Ministry of Commerce
reason is airlines were impacted by natural disasters in Sep-2018, including typhoon “Jebi” in Japan and hurricane “Florence” in the US (Source: International Air Transport Association: IATA). A statistic
natural disasters, as well as the progress of major infrastructure investment which could generate effects on private investments. For the banking sector in the third quarter of 2019, bank loan was slow