the difference between the rate of return of the mutual fund and the risk-free rate, in comparison with the mutual fund’s standard deviation. The Sharpe Ratio reflects the increase in the rate of return

standard deviation. The Sharpe Ratio reflects the increase in the rate of return that the mutual fund should receive to compensate the risk received by the mutual fund. A mutual fund with a higher Sharpe

-869-323 Fax: (66) 038-869-333 – Unofficial Translation – No. GST/ELCID-13/2019 August 9, 2019 Subject: The Debt to Equity Conversion, the Increase of Registered Capital, the Allocation and Offering of

its core business to strengthen its position for future business expansion. After the Company disposes of the investments in such subsidiaries, the Company shall be focusing on the core business, which

Thai corporates in their increasing overseas expansion needs –Thai investment to Indonesia grew approximately 25% annually since 20088. Also enhances the potential of connecting businesses of customers

. Expected Benefits to BCPG (1) The investment in hydroelectric power plant is in accordance to BCPG’ s business expansion strategy, which focuses on the renewable electricity energy business. (2) The

ใหญ่ เพ่ือปรับปรุงความเช่ือมัน่ใน ระบบไฟฟ้าส าหรับการเดินเคร่ือง ผลิตของ PTT Group ต่อไป GPSC ELECTRICITY GROWTH PIPELINE Grow along with PTT • Business expansion along w ith PTT Group International

due diligence so as to determine the amount of capital expenditure and working capital necessary to increase the Company’s production rate up to 100,000 tons per month and finds the result of the due

amount of capital expenditure and working capital necessary to increase the Company’s production rate up to 100,000 tons per month and finds the result of the due diligence satisfactory; (d) Link Capital I

Share Acquisition”). After the acquisition, the percentage shareholding of VGM in PBSB shall increase from 25 percent to 65 percent of PBSB’s total share. VGM expects the PBSB Share Acquisition to be