enhance cooperation in information sharing and expand opportunities for cross-border capital market activities.The MOU aims to strengthen relationship and promote collaboration between the two organizations

in 2015, which aims to create linkage among ASEAN capital markets and facilitate cross-border securities trading. It will enhance ASEAN capital market to be on par with international market and

nations benefit from high volume of cross-border trades in goods and services. As Cambodia continues to grow rapidly, Cambodian capital market will definitely soon become an engine of growth for the Kingdom

, Japan on regulatory frameworks and seek cross-border business opportunity between the two capital markets. Apart from the FSA, Japan and the SEC exchange of Letters for Cooperation, on the private sector

is an initiative under the ACMF Implementation Plan endorsed by the ASEAN Finance Ministers in 2009. The Framework aims to facilitate cross-border offerings of Equity Securities and Plain Debt

diversification and the increasing cross-border offering of debt securities among ASEAN markets. More and easier access to voluntary rating information will be useful for Thai and foreign investors alike

4.7% from dividend payment. Net debt to EBITDA was 1.2x, down from 1.4x at end-2017, while average cost of debt was maintained at 3.2% per year. Cash Flow In 1Q18 AIS generated Bt17,734mn of cash flow

lower interest-bearing debt, net debt to EBITDA stood at 1.2x, down from 1.4x while average interest cost was 3.1% p.a. Return on equity remained strong at 75%. Cash Flow In 1Q17, AIS generated Bt13,838mn

liability of Bt88,108mn lined up toward 2020, net debt to EBITDA remained at 1.4x with average cost of debt at 3% p.a. Cash Flow In 9M17, AIS generated operating cash flow (after tax) of Bt46,762mn, which

due to lower retained earnings from dividend appropriated. Cash Flow In 1Q19, AIS generated Bt20,611mn of operating cash flow (after tax) increasing 16% YoY following EBITDA expansion. Cash CAPEX was