are higher than distressed RTOs. • BHAR is decreasing in relative deal size and future changes in book value to equity. • Liquidity shows improvement post announcements as indicative in lowered spreads

audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the

revealed certain factors indicating significant turnaround financial determinants in cases of securities on turnover list, providing recommendations for improvement of rules monitoring listed companies

individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the

. Harsh weather also deals a serious blow to households’ properties and quality of life. These extreme events – exacerbated by man-made pollution – 5 have lately triggered the PM 2.5 fine dust particle

Highlights - FY19 Net profit* was at THB 3,259 million (+8.4% YoY), with net profit* margin of 12.7% (+30 bps YoY), where the improvement mainly came from growth in revenues of core businesses and favorable

improved to 34.5% or +270bps QoQ. Gross profit increased by THB 105 million YoY (or 5.0%) to THB 2,186 million in Q4’18. The big improvement was resulted from Fitness First (cost saving project), which drove

Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense

• Reduction in water use (% or m³/y) • Non-revenue water, NRW (%) • NRW: parameter used to measure losses of water supply systems, PE (person equivalent): unit for measuring pollution load of wastewater

. The SEC also encouraged audit firms to prepare for compliance with the International Standard on Quality Management 1 to drive the improvement of the quality control system of audit firms in the capital