consumers have slowed purchases and prices have risen. Market conditions are highly competitive. Therefore, the cost of sales increased . Profitability has decreased . Yours Sincerely, f~~' Ms. Piyanan

highly competitive. Consumers are changing their purchasing behavior. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign behalf of the company

transparent, fair and free from anti-competitive situations;        (2) Post-approval duties of the association: The association shall perform its duties in accordance with good governance principles and

also provide investors with greater investment choices. The SEC views that regulatory development will boost the competitive edge of Thai capital market and the industry, responsive to global changes and

competitive, whereas provide Thai investors with more choices of investment and better diversification.?    For details on issuance and offering of local currency-denominated bonds under AMBIF, please visit

efficiency and reduce costs for market participants in all sectors, facilitate equal access to financial services for all target groups, and strengthen competitive edge of the Thai economy

through this channel will help facilitate their business expansion and development as well as foster their competitive edge at domestic and international levels. To this end, more jobs would be created and

in the Thai capital market also resulted in higher level due to reliable financial reports of listed firms, helping facilitate those firms? overseas fund raising and boost competitive edge of capital

on investment in emerging markets. In collaboration with Invesco, we also organized the Invesco Continental: European Small Cap Equity Fund IPO to shed light on investment in Europe. Another notable

have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai Life Assurance Public Company Limited and our business partners, for service quality