margin was 7.53%. As a result of increasing in steel price trend from the lowest point at the end of 2019 and the improvement in operation cost. 3. Selling expenses were Baht 39.47 million; decreased Baht

because the gross profit of feeds was higher than the previous year which increased by 30 million baht, due to mainly from the efficiency improvement of production cost management. Sincerely Yours, ( Mr

not normally used by other institutional foreign investors. On the positive side, CalPERS gave higher score to Thailand this year conveying that Thailand has made well improvement on corporate

have opportunities for further improvement especially on the board responsibilities conforming to the best practice guidelines. The SEC together with The Stock Exchange of Thailand, Thai Institute of

major areas, namely (1) improvement of business operation in such areas as data storage system, management system, custody of clients’ assets and sale promotion advertising, (2) reporting of duty

The Revenue Department has prepared a draft bill amending the Revenue Code relating to the improvement of income tax payment from investors investing in debt securities through mutual funds. The

“Company”) No. 16/2019 held on 6 November 2019, which approved the disposition of 100% common shares (“Common Shares”) in YLP Co., Ltd. (“YLP”), a subsidiary of the Company, in the amount of 348,567,548 Baht

revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately

eased phase by phase thanks to significant improvement in controlling the spread of COVID-19 in Thailand. A number of recovery plans were introduced to the market by Thai government; however, Thai economy

Policy Committee (MPC) resolved to lower the Thai policy rate to 1.50 percent from 1.75 percent – its first such move in four years – in its meeting held on August 7, 2019. Thailand Economic Growth Sources