34.4 million, growth of 7.9% from the same period last year despite a decline in the number of Chinese tourists since the Phuket boat incident in July. Nevertheless, for the 11 months of 2018, the number

Administration, Kasetsart University E-mail: fbuspan@ku.ac.th Working Paper: Does free float affect shareholder wealth? New evidence from the Stock Exchange of Thailand 1 investors or the total outstanding shares

Banking service dedicated to Chinese customers was launched, featuring investment information and analyses in Chinese along with a Chinese-speaking financial advisory team. Moreover, interesting seminars

customers are well known and have good reputation in the IC, and electronics industry. Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts

increased by 13.9 percent compared to the same quarter of the previous year and increase by 20.1 percent from the quarter 2/2017 in which the Chinese market is still the major market and continuously growth

is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts receivable were 63 days in 2017, 61 days in 2016 and 59 days in 2015. Trade Receivables

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arrivals for the first quarter of 2019 declined 1.5% yoy with the number of Chinese tourists which contribute almost 29% of total tourist arrivals exhibited a decline of 2.1%. Although the economy is showing

the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company