the securities company may reduce the expenditure for undertaking its business by using back office service from service provider and due to the criteria for undertaking securities business of

derivatives broker shall not reduce its paid-up capital to the extent that its shareholders’ equity is decreased unless permission is granted by the SEC. Clause 4 This Notification shall come into force from 16

period as it deems appropriate. Clause 3 A derivatives broker shall not reduce its paid-up capital to the extent that its shareholders’ equity is decreased unless permission is granted by the SEC. Clause 4

A derivatives broker shall not reduce its paid-up capital to the extent that its shareholders’ equity is decreased unless permission is granted by the SEC. Clause 4 This Notification shall come into

a better working capital management to reduce the cost of fund. In Q1/2019 GC had a current ratio at 1.46 times compared to 1.43 times of ending 2018, a little bit increase resulting from the drop in

raising complete the Company expected to Management Discussion and Analysis Q1/2019 Page 4/4 JAS Asset Public Company Limited reduce it interest expense and re-balance its the capital structure to fit with

proceeds at the end of 2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of fund. In Q2/2019 GC had a current

depreciation caused by the investment in machinery to improve production efficiency, reduce cost of production in the future, and support more sales volume in the future. - Administrative expenses decreased by

(TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to reduce in value, although the net

2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of fund. In Q2/2018 GC had a current ratio at 1.40 times