repayment and/or use as capital to conduct business and expand investment in the future. However, the time to receive capital remains uncertain. This is subject to the exercise of the warrants to purchase the

Risk Management During the first quarter of 2018, the Thai economy saw an uneven recovery amid limited growth in consumption, weak farm income and risks from uncertain trade policies and protectionist

GW, increased by 5.2% due to uncertain weather condition as Thailand entered the summer season earlier than previous year at the ending of February until the middle of May 2019. The industrial sector

and sustainability. • Natural gas prices continuously decreased in the second half of 2019 and has a slight downward trend in 2020. However, variou s situations remain uncertain, making it challenging

offering of complex and risky financial tools and services now requires investors to complete an assessment test to confirm understanding of the products or services, as well as ensuring analytical reports

)) ตราสารทีใ่หส้ทิธผิูอ้อกไถถ่อนคนืกอ่น ก าหนด (callable) ตราสารทีใ่หส้ทิธผิูถ้อืไดร้ับช าระคนืกอ่นก าหนด (puttable) และหุน้กูแ้ปลงสภาพ (convertible) 3 ตราสาร complex/risky ไดแ้ก ่ตราสารหน้ีดอ้ยสทิธ

earnings. They suggest that such rewards possibly are attributed to investors’ perceptions that these firms are less risky and, in turn, have a lower expected rate of return. Brown et al. (2009) advance an

Activity_Report_62En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 Contents Executive Summary 02 42 45 19 30 04 08 14 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results B. Engagement-Level A. Firm-Level 38 Root Cause Analysis Framework and Focuses in 2019 Essential Statistics Auditing Landscape in Thailand Executive Summary The capital market plays an important role in d...

and closures that may be imposed for spikes in occurrences of the virus and the extent to which any such measures could be implemented remain uncertain, including whether any more temporary or permanent

capital remains uncertain. This is subject to the exercise of the warrants to purchase the Company's ordinary shares. The capital increase and the use of this capital increase are the projections. The