still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and

Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB

instruments Baa1 Baa1 Baa1 Subordinated debt instruments Baa3 Baa3 Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s

operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their financial strength. The Company’s

Associate Company’s ordinary shares will benefit tothe Company and shareholders in the future, Whereby after the investment by the Company and other investors, the Associate Company will be strength and ready

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying

จําเปนตองตรวจสอบโดยผูสอบบัญชี แตตองรับรองความถูกตอง ของขอมูลโดยบุคคลที่ 3 เชน ที่ปรึกษาทางการเงิน เปนตน 2. ขอมูลท่ีเปดเผยตามขอกําหนดของประเทศที่เสนอขาย (host country) แมการจัดทํา ASEAN

product denominated in foreign currency which is issued or offered for sale in a foreign country; “ debenture denominated in foreign currency ” means any debenture denominated in foreign currency and

foreign currency which is issued or offered for sale in a foreign country; “debenture denominated in foreign currency” means any debenture denominated in foreign currency and approved for an offering in the

foreign country, there shall be consideration on change or uncertainty regarding economic, political, social and legal issues of the foreign country as well as the complexity in business continuity