MOU. • However, only ROA and ROE of distressed firms improvements are statistically significant. 26 Empirical results: Key financial ratios 27 Conclusion and Policy discussion Conclusion • No evidence

the amount of THB 41 million or equivalent to 11. 8 percent because the one- time profit acknowledgement as a result of the sales of the investment funds in HD Distributor (Thailand) Co., Ltd. as

million, equivalent to 10. 6 percent, which resulted from the acknowledgement of the one-time profit from the transfer of the assets as aforesaid mentioned. In consideration of the net profit from

same period of the previous year by THB 46 million, equivalent to 10. 6 percent, which resulted from the acknowledgement of the one-time profit from the transfer of the assets as aforesaid mentioned. In

per share, totaling 164,403,759.95 Baht and the obligation to repay accrued debt together with the interest pursuant to the Debt Acknowledgement Letter of GNET, equivalent to Baht 85,596,240.05

Million Baht as 134.33 Million Baht increased when compared to December 31, 2016 of 2,443.95 Million Baht due to changes in proportion in subsidiaries. Please be informed for acknowledgement, Sincerely

from business operation. Please be informed for acknowledgement, Sincerely yours, Mr. Wutichai Leenabanchong Chairman

December 31, 2016 of 2,443.95 Million Baht due to changes in proportion in subsidiaries and decline in loss from business operation. Please be informed for acknowledgement, Sincerely yours, Mr. Wutichai

which satisfies the need of the users, and it shall communicate the development or change to all concerned persons for acknowledgement in order to be able to operate it correctly. Clause 8. The securities

, and complete data processing which satisfies the need of the users, and it shall communicate the development or change to all concerned persons for acknowledgement in order to be able to operate it