condition. Increasing competition in the luxury market could have a material adverse effect on the Group's market share and profitability. The Group has many well-established competitors, regularly competes
. The attendance list is shown on page 14. Policy and Implementation 1. Corporate Governance Policy Established upon the enactment of the SEC Act, the SEC has the duty to promote, develop and supervise
between the US and China, baht appreciation and pending of government expenditure as delay of government established. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the
framework to facilitate cross-border offerings of a variety of fund structures to retail investors while maintaining appropriate investor protections. It was established under the auspices of the APEC Finance
, qualifications of ICO portals, and eligible types of investors.Initially, the approval for digital token offering would be limited to companies established under Thai law in accordance with the policy of the
domestically established. The amended notifications were published in the Royal Gazette and came into force on 16 December 2023. The ETFs established before such effective date shall comply with the revised
investment grade* from an international credit rating agency established under foreign law (international CRA), (ii) appoint a bondholder representative, and (iii) register the baht bonds with the Thai Bond
supplemented to the application filed by the applicant under Paragraph 1 above; (3) documents demonstrating that the ASEAN Collective Investment Scheme is established legally under the law of the jurisdiction
Real Estate s.r.o. (“VBRE”) (the Company’s newly established subsidiary in which the Company indirectly holds 100% of the total issued shares through Lombard Estate Holdings Limited, the Company’s
Thailand; (3) an international financial institution; (4) a juristic person established under a specific law; (5) a government agency and a State enterprise under the law on budgetary procedure; (6) the