of January 31, 2017 is due to reducing in retain earnings of which used for clearing the internal debt between CRSB and FKRMM. 2) Transaction’s size based on net operating profits Net operating profits

FKRMM. 2) Transaction’s size based on net operating profits Net operating profits = Proportion of assets acquired x FKRMM’s NOP x100 Listed company’s net operating profits = 100% x 54.85 x 100 33.13

fund of which the returns calculation is made in a complicated way (complex return fund); (d) investment units of a mutual fund of which the fund's net exposure in commodities is made through its

Commission concerning Additional Rules for Mutual Fund Investing in Derivatives and Credit Linked Notes; (c) investment units of a mutual fund of which the returns calculation is made in a complicated way

institution or at a particular interest rate and without any condition for returns that relies on other underlying. Clause 27 An approved foreign entity shall provide for credit rating by a credit rating agency

relationship in market expansion. More importanly the decision to invest in IGP’s Busduct can expand its business and generate better returns in the future. IGP is the first and only one manufacturer in Thailand

in line with the Company's business strategy; and opined that, based on the projections, the operation of the project will create returns and value to the Company and its shareholders in the long term

ตวัช้ีวดัผลการด าเนินงานตอ้งสอดคลอ้งกบันโยบายการลงทุน และค านวณโดยใชผ้ลตอบแทนรวม (total returns) (ถา้มี)” ขอ้ 8 ใหเ้พิ่มความต่อไปน้ีเป็นขอ้ 43 และขอ้ 44 แห่งประกาศส านกังานคณะกรรมการ ก ากบัหลกัทรัพยแ์

decile total shareholder returns (TSR) position vs. peers and a strong cash flow through the cycle. As presented at our Capital Markets days in Feb 2020, On the journey to achieve above objectives, IVL is

to expand its core business, both locally and abroad. Consequently, UWC will have an opportunity to gain higher investment returns, which will then lead to the recovery of its operating results and