alignment with associated digital asset risks, while continuing to support the use of technology in fundraising and to promote the development of innovation for sustainable growth of the capital market and

debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions

invest in real estate or infrastructure (funds and trusts) to create regulatory alignment as part of the regulatory guillotine project. The amendments are as follows:(1)   Amending the rule on

alignment with standards adopted by top-tier global capital markets;(2)  SEC to disclose the audit inspection results of the audit firms and auditors in the capital market to public and the Audit Committee

Microsoft Word - FY19 MDA edited after comment.docx 1 FY19 MD&A Advanced Info Service Plc. Executive Summary Mobile business grew amid competition In FY19, despite slow economic growth and continued

3Q21 MD&A Advanced Info Service Plc. Executive Summary Slight revenue improvement despite COVID restriction measures and continued competition During 3Q21, the economy remained subdue from COVID

from the re-opened economy amid continued intense competition Mobile revenue reported Bt29,217mn, improving 0.4% YoY and 1.3% QoQ, mainly benefiting from the border reopening and 5G adoption. However

purchasing power. However, from Sep-21 onward, restrictions were gradually lifted, resulting in some improvement in consumer spending. Meanwhile, competition in mobile industry remained elevated as operators

decreased of 234.5 MB and 94.3 MB, respectively, due to the governmental projects in the first half of 2017 were relatively small and delayed. The Company also faced a higher market competition. Besides, in

competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the