regulation would solve the problem when the termination of membership is not notified by the employers or fund committees, which would ultimately be beneficial to PVD members when they receive their

Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its

2015 2014 LIQUIDITY RATIO Current Ratio 4.26 Times 3.71 Times 4.03 Times 3.22 Times Quick Ratio 1.36 Times 1.27 Times 1.57 Times 1.22 Times Cash Flow Liquidity Ratio 0.35 Times 0.47 Times 0.19 Times 0.64

, and venture capital. Expected outcome 1. As the current tax doctrine in Thailand is based on legal form of transactions rather than the “substance over form” principle, obstructing certain types of

solutions to the human resources problem in the audit industry. • In September 2012, the SEC issued guidelines for audit committees to select high-quality external auditor. The SEC held a seminar for audit

updated information and having an opportunity to make a decision on the issue, the Company deems it appropriate to propose to the shareholders to consider and approve the revision of the calculation of the

now authorized to act on behalf of business operators to ensure that problems regarding advertisements can be solved promptly, and to issue an order to temporarily suspend advertisements, in cases that

for reform in individual countries. 4 G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 The Principles were originally developed by the OECD in 1999 and last updated in 2004. The current review

business – are likely to see higher growth, bolstered by an expected broad-based economic rebound, which will be seen in both public and private investment. On top of this, the debt quality problem may ease

clients’ assets, follow the current regulations on holding shareholders’ equity as the capital requirement.SEC disseminates the public hearing document on this issue at SEC website: www.sec.or.th/hearing