application for the establishment of Hong Kong Feeder Funds and Thai Feeder Funds, and clarifying how they may be operated in a streamlined manner SEC agrees to expedite the approval process of a Thai Feeder
recommending board training and evaluation and a recommendation on considering the establishment of specialized board committees in areas such as remuneration, audit and risk management. We look forward to the
establishment fee at X% of NAV as of the fund registration date, by amortizing it as equal expenses each month throughout Y month(s) and if the fund reaches the investment target before Y month(s), the management
period of one year from the publication date, i.e., May 28, 2020, to allow for the establishment of agencies responsible for enforcement of the law. 10. Revenue Code Amendment Act (No. 52) B.E. 2562 (2019
practical innovation including innovation competition “EGCO Group Innovation Team Challenge”. 2. Significant events in 2018 2.1 The progress in construction projects - Xayaburi Project, a project of the
for Capex and investments in progress that are not generating revenue and earnings as on date given Figure 9: Repayment Schedule of Long Term Debts 14 Table 8: Joint Ventures Performance USD in Mill
sectors. In addition, there is considerable excess liquidity in the commercial banking system, with a high liquidity coverage ratio of 162.3 percent. Therefore, the progress of infrastructure investment
Servicing Coverage Ratio (DSCR) times 3.8 2.9 Interest coverage ratio (times) 10.2 6.7 Note (1) Net debt after debt for Capex and investments in progress that are not generating revenue and earnings as on
in the commercial banking system, with a high level of liquidity than required by the Bank of Thailand. Infrastructure investment progress needs to be closely monitored as more bidding processes will
company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person