electronically file an application through the OFAM system without having to submit hard copies to SEC. The move is expected to save 1.6 million sheets of paper per year, or equivalent to 39 tons of carbon

number of directors in order to move ahead with solving its problems which include indebtedness and inability to submit the company’s financial statements and appoint the auditor. IFEC’s future business

plant infrastructure funds to use the capital market to raise funds as the industry is important to national development. The move will bring the regulations into alignment with the government’s

promoting the SEC?s new image through a variety of activities and channels to affirm the readiness of the SEC and every stakeholder to move forward to the new decade,? said SEC Secretary-General Vorapol

overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19

conditions* for the following actions, which may be deemed as entering into a contract with any one or multiple creditors for the purpose of debt restructuring that has the characteristics of debt payment

-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the

household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding

(times) 3.1 4.0 4.3 Interest-bearing debt to equity (times)* 1.0 1.4 1.4 Net debt to EBITDA (times)* 0.8 1.1 0.9 Net debt & lease liability 1.9 2.9 2.5 & spectrum license payable to EBITDA Current Ratio

. On the domestic front, elevated household debt remains a constraint to purchasing power. In the meantime, domestic political situation also warrants monitoring as the government is preparing for an