caused by risk arising from business operation to the extent that it does not have an adverse affect on the business operation of the securities company. Risk to be taken into appraisal in risk management

the extent that the Institutional Investors and their clients are best served by the Related Service Providers. Investment Governance Code 41 Principle 3: Institutional Investors Should Make Informed

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Office of the Securities and Exchange Commission No. Sor Nor. 87/2558 Re: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Funds, and Private Funds ______________________ By virtue of Clause 6, Clause 8, and Clause 9 of the Notification...

- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in

experiencing sharp decline of global crude price between November to December 2018. 3. BCP T r a d i n g Pte., Ltd. increased its revenue by 37% from Q4/2018 from increased trading transaction of petroleum

million, resulting from the sharp rise in average crude oil price during the quarter, while in Q2/2017 recorded an inventory loss in the amount of THB 1,010 million (included LCM of THB 7 million). Average

agreement 3. Approval of the Transaction by the Board of Directors of SGAH 11. Characteristics and extent of interest of connected persons SGAH does not have a shareholder holding more than 10% of voting

of SGAH's group as the borrower or guarantors under the facility agreement 3. Approval of the Transaction by the Board of Directors of SGAH 11. Characteristics and extent of interest of connected

facility for a utility upgrade of the entire estate.  North America now contributes to 40% of the Company’s earnings. Given the extent of integration and growth in its HVA portfolio, the region now earns in

reduction in cash payments, starting with the PromptPay system for person-to-person fund transfers and PromptPay for businesses, in January and March 2017, respectively. The extent to which this lower fund