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...

, society and environment, by having meeting and tracking the risk management results, to find out that they are controlled and managed in the acceptable levels. From the following reasons concluding that the

4,980.73 to 1,817.28 million THB. Around 72% is the inventory but the gross profit is maintained at 30% of income. Moreover, the management expense is controlled and has decreased 31.25% from that of the

9.90 million, respectively. The Company had a profit from its normal operation during the first 6-month period of 2020 because the Company controlled its expenses better than in the first 6-month period

% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing

utilities. The Company efficiently controlled and managed expenses of existing outlets indicated in decreasing such expenses by 4% YoY in spite of higher marketing expenses to build brand awareness. Selling

professional standards and/or regulation, such as accounting firms, accredited verifiers, and regulated credit rating agencies, while others are not. At a high level, all firms providing external reviews should

and regulated by the Financial Conduct Authority and the Prudential Regulation Authority; Spain: Credit Suisse Bank (Europe), S.A. regulated by the Comision Nacional del Mercado de Valores; Germany

companies, brokers, dealers, asset management companies and collective investment scheme), the SEC has regulated individual auditors and monitored individual auditors? work since 1993.  Apart from oversight

of digital asset businesses, the Minister of Finance upon recommendation of the SEC is empowered to specify other types of digital asset businesses to be regulated under the Emergency Decree. • In