not able to satisfy the condition precedent. Moreover, the Project is exposed to legal risks on the issues of building modification; uncertainty of lease contract between IMP and the Office of the Privy

prices highly adjusted following the crude oil price and uncertainty of global demand and supply, which finally caused the Company’s overall raw material prices jumped up to 238.74 million baht, and

. Therefore, this results to lower entrepreneurs and workers income, increase in unemployment rate, people in general are worried about uncertainty financially. As a result, people will most likely postpone

, increase in unemployment rate, people in general are worried about uncertainty financially. As a result, people will most likely postpone their purchase a high value asset which buying a real estate is one

higher than the minimum price as appraised by IFA if EMC is not able to satisfy the condition precedent. Moreover, the Project is exposed to legal risks on the issues of building modification; uncertainty

guideline for solving these issues in a tangible way. Moreover, there may be uncertainty regarding the conditions of related contracts under current negotiation. In addition, the IFA views that the offer

economic and social development of the country. It also helps country prepare for change in response to various impacts arising from the increasing uncertainty and volatility we are facing today. Moreover

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...

competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our

year. However, due to the uncertainty of the merger situation between mobile operators during this period, each mobile operator has slowed down the activation of additional solutions that the Company has