small units such as individual houses or condominium units.4. Asset appraisal must be made by an asset appraiser determined by SEC.In addition, SEC has improved the flexibility for a smart contract

interconnected data center due to unconnected data systems of individual bond registrars. Such issues have caused delay and inefficiency in the bond issuance process. The real-time, live testing under the

auditor rotation, aiming to enable the audit committee to appoint an independent individual to be its auditor and promote the auditors to truly maintain their independence.

securities (securities company and commercial bank with securities underwriting license) know individual client before selling client any product through suitability test. The test will be beneficial to

alternative assets such as gold mutual funds and investment in derivatives other than hedging purpose, management companies may choose to control the permissible investment proportion at individual level. In

receiving appropriate level of protection. AI comprises (1) institutional investor* such as commercial bank, mutual fund, provident fund and (2) investors with high net worth, which means (i) an individual

of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on

from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the second quarter of year 2018, the Company’s SG&A expenses was Bt. 1,074.65 million

percent from the same period of last year. Revenue from sales of nine-month on 2018 slightly increased 3.54 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change