Network Corporation Public Company Limited offer for sale newly issued securities shares for a private placement without obtaining a prior approval from the SEC. SEC Act S.300 Settlement Committee

program basis without providing its securities for credit rating prior to the offer for sale of the securities which is in violation of the Securities and Exchange Act B.E. 2535. SEC Act S.33 Settlement

act has occurred for more than ten years prior to the submission date of the application, the SEC Office may, subject to its discretion, bypass the lack of qualifications or the possession of prohibited

89% compared to prior year which were net loss of Baht 169 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services increase from

institution’s clients. However, the securities company must, in case of cross-border omnibus accounts, assess the adequacy and effectiveness of the financial institutions’ KYC/CDD measures and controls prior to

company must, in case of cross-border omnibus accounts, assess the adequacy and effectiveness of the financial institutions’ KYC/CDD measures and controls prior to requesting for approval from senior

controls prior to requesting for approval from senior management to open such accounts or establishing new business relationships. (Unofficial Translation) - 5 - Clause 13. Securities company may rely on

as stipulated in Division 2 of this Chapter. Such application shall be submitted to the SEC Office at least 30 days prior to the expiration of currently available approval period. 3 Clause 7 The

-63.31 10.39 -65.55 -20.34 -31.26 10.92/1 -34.93 Note /1 Net loss increased compared to the same quarter of prior year by Baht 10.92 million or equivalent to 34.93% /2 The previous branches total 20

a permission from the Office of the Securities and Exchange Commission (the “SEC Office”) prior to the said offering. Furthermore, the debt to equity conversion scheme and the Issuance and Offering of