proposing to review the regulations governing debt securities of all types and related notifications. In essence, the proposed amendments to the debt securities regulations concern the followings:  (1

notifications that contain overlapping regulations with other notifications** and do not keep pace with changing situations. They are (1) the Notification of the Office of the Securities and Exchange Commission

establishment and management of a mutual fund specified in the Notifications of the Securities and Exchange Commission, the Notifications of the Capital Market Supervisory Board and the Notifications of the

Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets B.E. 2547 (as amended) (the “Acquisition and Disposition of Assets Notifications”). The transaction size of the

Notifications”). The transaction size of the voluntary tender offer for all securities in TBSP (assuming that all shareholders of TBSP accept the Company’s conditional voluntary tender offer) is equivalent to

Assets B.E. 2547 (as amended) (the “Acquisition and Disposition of Assets Notifications”). The transaction size of the voluntary tender offer for all securities in TBSP (assuming that all shareholders of

approved an investment plan in Smart Vending Machines (SVM) of its subsidiary, Telemax Asia Corporation (100% held by FERRUM). The seller of those machines is A.E.I Export and Import who has no related to

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

Decree on Special Purpose Juristic Persons for Securitization The Trust for Transactions in Capital Market Act Ministerial Regulations / Notifications Ministerial Regulations - SEC Act Ministerial

. Most respondents agreed with the proposed amendments.  The SEC has therefore issued two notifications of the amended regulations which contain the key provisions as follows:       (1) Disclosure