such transaction is crossed trade under the same management company. Such transactions shall be as follows: (a) If any counterparty or both are mutual fund, such transaction shall be suitable for the

Office may proceed to impose sanctions as follows: (1) Probation; (2) Suspension of operation for a specified period or according to specified conditions; (3) Revocation of approval. In case where the

underwriter shall proceed as follows: (1) deposit subscription money into a securities subscription account of an offeror or segregate subscription money from an asset account of the securities underwriter

article or research paper or at a nearby position which can be seen clearly. Clause 13 In making securities underwriting, a securities underwriter shall proceed as follows: (1) deposit subscription money

Total revenue stood at THB 8,223 mn, a 6.5% increase YoY. Total Revenue In 1Q18, CPN reported total revenue of THB 8,223 mn, an increase of 6.5% YoY. Main components of revenue are as follows. Revenue

revenue of THB 9,405 mn, an increase of 23.4% YoY (for the first six months of 2018, total revenue stood at THB 17,628 mn, an increase of 14.9% YoY). Main components of revenue are as follows. Revenue from

reported Baht 700 million in 3Q19, decreased by 25.8% from 3Q2018 and reported Baht 2,509 million in 9M19, decreased by 20.2% from 9M2018 as follows: - Revenues from owned hotels in Thailand decreased by

from owned hotels reported Baht 700 million in 3Q19, decreased by 25.8% from 3Q2018 and reported Baht 2,509 million in 9M19, decreased by 20.2% from 9M2018 as follows: - Revenues from owned hotels in

Financial Group Public Company Limited is as follows: Ms. Piengchai Harnpanich LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2020 Page 3/20

hotel booking cancellations significantly impacted the Company's performance. In this regard, the Company has strategically adjusted the business operation as follows: Hotel Business: • Since early April