of its normal risk management using a delta-neutral hedging strategy. The Delta hedging strategy requires that the Company continuously adjusts its hedging position as the market moves up or down. If

months from the impact of COVID- 19 has added requirements for additional liquidity. IRSL requires additional credit lines for up to USD 50 Million from banks in India to manage under lockdown and restart

the clearing and settlement system of securities. Clause 7 Where the securities clearing house requires the members to place margin or assets for covering risks, it shall clearly disclose the guideline

control of outstanding derivatives positions of members and risk incurred by each member to the clearing system. Clause 7 Where the derivatives clearing house requires the members to place margin or assets

ground that the Password becomes known to other persons who have no authority or relevant responsibilities, the Applicant shall change the Password immediately; 6. The SEC Office’s privacy policy requires

emissions reduction goals, as well as sustainability-themed bonds, etc. Moreover, Thai ESG Funds must be registered as a Sustainable and Responsible Investing Fund (SRI Fund) with the SEC, which requires

reason, it requires approval from the shareholders meeting with votes of not less than three-fourth of total number of the shareholders attending the meeting and having voting rights, excluding the votes

seller are not able to fulfill the conditions precedent for the third completion of the share sale and purchase since the negotiation on other essence matters have yet to be completed, the Company has yet

of the year 2018 that the Company had received which those had already worked partly but not yet reached the invoice. As the result, those had recognized the revenue by completed of work. The Short

been completed on 19 February 2020. Page 2 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 On 11 December 2019, S Residential Development Co., Ltd., one of the Company’s