reserve The above right to receive dividends remains uncertain unless the 2020 Annual General Meeting of Shareholders has granted the approval. 4. Approved to propose the Shareholders’ Meeting for

additional legal reserve The above right to receive dividends remains uncertain unless the 2020 Annual General Meeting of Shareholders has granted the approval. 4. Approved to propose the Shareholders’ Meeting

the selling price). After the disposal of all investments in NML, NML will cease to be a subsidiary of the Company. Nevertheless, it was uncertain if the Company and the Purchaser would be able to sign

entities, obligors, originators, underwriters, and arrangers, on one side, and users of credit ratings on the other. Rating analyses of low quality or produced through a process of questionable integrity are

business. Similarly, private investment sector was slowdown regarding to the concern about uncertain government spending except in the electronics group that moved production base from abroad and the

will be more flexible than the case that the Company has production plants on separate lands. The above future project is still uncertain and, in the event that the Company has acquired the assets, it

weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in

. The project was well received by our customers as the Company expected. However, it came to the Company that quantifying size of economic slowdown from COVID-19 at this stage will be highly uncertain

administrative sanction shall depend upon an uncertain future event; (3) the prescription to act or omit to act by the person subject to the sanction to rectify or prevent repetition of violation or non-compliance

quality or produced through a process of questionable integrity are either of little use to or misleading for market participants. Stale credit ratings that fail to reflect changes to the financial