, mainly attributable to the refinery business having gone through turnaround maintenance, combined with the higher crude oil cost stemming from widening Dated Brent / Dubai spread (DTD/DB) which increased

. In 2017, average crude run was recorded at 111.37 KBD, and Bangchak Refinery had its record high of crude run at 121.64 KBD throughout March. Gross refinery margin increased from the widening crack

20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...

Investment Schemes (ASEAN CIS) for retail investors in Thailand, widening the range of investment product choices. Creation of Baht-denominated bonds for a Laos public company, mobilizing up to 6,500 million