Does free float affect shareholder wealth? New evidence from the Stock Exchange of Thailand* Associate Professor Dr. Pattaragit NETINIYOM* Abstract This research aims on the investigation on

9.67% when compared to the same period of 2018. The mainly increasing reason was transportation cost as the quantity of sales increasing. 3. Administrative expenses increased Baht 5.94 Million or 6.34

same period of 2017. The mainly increasing reasons were the quantity of sales and transportation expenses. 4. Administrative expenses was Baht 93.76 million which decrease Baht 4.28 Million or 4.37% when

10.78% when compared to the same period of 2018. The mainly increasing reasons was the quantity of sales and transportation expenses. 4. Administrative expenses was Baht 28.12 million which increase Baht

increased Baht 6.17 Million or increased 21.86% when compared to the same period of 2017. The mainly increasing reasons were the quantity of sales and transportation expenses. 4. Administrative expenses was

around the world, which the Company has also been affected, as can be seen from revenue generated this year. Customers affected by such situation have reduced their use of transportation service, which

transportation services. However, the company gained new customers to compensate the lack of revenue, causing revenue and gross profit in this period to be slightly higher than the same period last year. The

shareholder of the Company which directly and indirectly holds 65.8 percent in aggregate of the total issued and paid-up shares of the Company, and also a major shareholder of BTSC which indirectly holds 100

shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/lease of real property in accordance with the Stock

The Derivatives Act The Derivatives Act B.E. 2546 SECTION 30. The auditor under Section 28 shall be a certified public auditor approved by the SEC Office and shall not be a shareholder, a beneficial