investor. However, the amount of assets placed as an initial margin is minimal when compared to the value of derivatives contract. Keeping this in mind when there is a significant change in market price of

evidence relating to derivatives trading under the following rules: (1) Records of advice given to customers and derivatives orders placed by customers shall be kept for at least three months from the date

and positions of the member and the client, and where it appears that the price is highly volatile and the margin placed by the member is insufficient, the intraday margining and the daily mark-to

rules: (1) Records of advice given to customers and derivatives orders placed by customers shall be kept for at least three months from the date on which the advice is given or order is placed, as the

strengthened steadily against the US Dollar. Nonetheless, highly volatile global markets and US stock market corrections may affect capital movements and the Baht trend. Other downsides also include European

- Translation - Page 1 of 6 CBG 006/2020 20 February 2020 Subject Management discussions and analysis for the fiscal year ended 31 December 2019 To President The Stock Exchange of Thailand We

. Additionally, in September 2017 the Company has registered to the Stock Exchange of Thailand / Market for Alternative Investment for raising fund resulting in cash and cash equivalent in the proportion of 34.50

2017 proportionately at 31.72%, 14.79%, 15.31% and 13.28% of total assets. Additionally, in September 2017 the Company has registered to the Stock Exchange of Thailand (MAI) for raising fund resulting in

29 July 2020 At: ACC/HO 014/63 Re: Management Discussion and Analysis for the Quarter of 2/2020 To: President The Stock Exchange of Thailand The Coronavirus 2019 (COVID-19) pandemic has had a

Quarter of 2020 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our management discussion and analysis for the 1st