provisions of the first paragraph shall not apply to the assets or persons as follows: (1) client’s assets which is a mutual fund, private fund or other similar funds managed by a securities company, acting as

: Securities companies are required to have proper risk management systems and procedures to ensure that possible damages from conducting business will be managed to the level that does not affect the business

conducting business will be managed to the level that does not affect the business and the credibility of the companies. Since it is possible that those committing predicate offences under anti-money

management systems and procedures to ensure that possible damages from conducting business will be managed to the level that does not affect the business and the credibility of the companies. Since it is

from subsidiary company 13  Investment Business Investment Business is managed by 3 departments in which Phatra operates direct investment business, by Direct Investment Department (“DI”), with medium

hotel’s unique contribution to Thailand’s tourism industry. o Residences Designed to provide the ultimate in convenient city living, and managed by Dusit International in line with its unique brand of Thai

were higher than the selling price in the 1st quarter of 2019. However, the Company had been managed inventories turnover rate not over than 0.70 time or within 45 days, in order to reduce the risk of

different products and services and are managed separately because they require different business operation and marketing strategies. The new segments are comprised of 3 segments as the following; 1

270 million for the Mixed-Use Property Development Project • Maintain the plan to open 10 new hotels managed by Dusit International in 2018.

the raw materials cost used in production was lower than the selling price and the Company had been managed inventories turnover rate not over than 0.70 time or within 30 – 45 days, in order to reduce