to accept the right under the Strategic Partnership Agreement between the Company and Hemaraj Land and Development Public Company Limited (“Hemaraj”) to conduct the business of distribution and retail

with a client. Such procedure should have adequate process to identify and verify client’s true identity in order to ensure that the client is the person appears on the documents referred to during the

by a management company 1.1 There should be a procedure for account opening and entering into a contract with a client. Such procedure should have adequate process to identify and verify client’s true

direct investment or indirect investment via mutual funds. The “Company or Juristic Partnership” has been redefined to include mutual funds which are subject to corporate income tax. 11. Consumer

or indirectly more than fifty percent of issued shares or more than fifty percent of partnership interest in such juristic person; (3) private fund of any person in sub clause (1) or (2) above, but not

in the investigation process. In addition, the administrative expenses had been increased as a result of a provision and an amortization of non- refundable deposits amounting to Baht 42.73 million due

for TOT partnership. However, excluding TOT partnership, network OPEX would drop 4.1% YoY from cost efficiency programs. Net profit, however, declined 1.9% YoY to Bt30,077mn from continued network

manager is terminated, such position is required to be registered with the Company and Partnership Registrar of the Ministry of Commerce. The securities company shall submit a copy of such registration

significant remaining field life. This Joint Partnership investment will provide value added and risk management for further natural resources business growth. 6. Board of Directors 's opinion on the investment

amounted to around Bt800mn in 1H18. Cost of service (Bt36,483mn) increased 11% YoY due to payment of partnership with TOT and higher D&A, offset by lower regulatory fee. Excluding payment to TOT, network