. Purchasing or selling securities in such a way that does not involve a change of beneficial ownership of such securities;   2. Placing a https://www.sec.or.th/EN/Pages/LAWANDREGULATIONS/MARKETMISCONDUCT.aspx

corporate governance principles to family-controlled businesses, expectations from institutional investors and disclosure of beneficial ownership in businesses in Asia.    -------------* Established https

maintained. CW Tower is high potential location for business and has comparable rental fees with buildings within the adjacent area. Therefore, the transaction is considered appropriate and is beneficial to

having differing opinions from the Board of Directors The Audit Committee viewed that the extension of financial assistance period to APCON deems an appropriate and beneficial since allow APCON to allocate

? awareness of importance of good corporate governance, announcement of clear proxy voting guidelines will push for better listed company quality. Meanwhile, the guidelines will also be beneficial to other

period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on their parent company. This would help MK Group

favorable EBITDA stemmed from not only the revenue growth but also the effective cost control as mentioned above. Financing Cost The financing cost increased from merely THB 0.3 million to the amount of THB

beginning. After the subsidiaries operated for a period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on

liquidity suggesting incumbent shareholders can exit on more favorable terms. • Mixed payment terms are used with warrant issues pending are used suggesting in- coming firms also carry valuation risk

matters is encouraged. rd - 20 - Observations Associated risks Recommendations 6. Monitoring The favorable monitoring process will provide the firm with reasonable assurance that the policies and procedures