and adverse selection that lead to underinvestment problems. Authors Results of government subsidy Deng et al. (2020, 2021); Hu et al. (2019) Encourage long-term investments only for the 1st stage
signing partner, an engagement partner, an audit supervisor, or a final reviewer for not less than 4 years. being attached to only one audit firm and such audit firm shall have the characteristics as
perform any act necessary for the implementation of the SEC’s resolutions and to perform any other acts under the provisions of this Act or other laws.” * Readers should be aware that only the original Thai
issued shares of MACO, therefore, the Company uses only 69.62 percent of the total value of consideration (equivalent to the shareholding ratio of third-party shareholders of MACO) in calculating the
advertising service provider to the owner of the advertising media in Thailand and service provider for the construction, sourcing, installation and maintenance of the advertising media only. The Company will
for the construction, sourcing, installation and maintenance of the advertising media only. The Company will grant the right to manage all the advertising media of the Company and its subsidiaries in
1,742,200.00 1.14 1.13 บริษัท ปตท. จํากัด (มหาชน) (PTT) - 284,400 13,864,500.00 9.06 9.00 บริษัท ไทยออยล จํากัด (มหาชน) (TOP) - 74,400 4,947,600.00 3.23 3.21 อาหารและเคร่ืองด่ืม 6,320,369.25 4.13 4.10 บริษัท ไม
บริษัท ปตท. จํากัด (มหาชน) (PTT) 204,500 7,719,875.00 9.48 9.46 บริษัท ไทยออยล จํากัด (มหาชน) (TOP) 73,300 3,243,525.00 3.98 3.98 เงินทุนและหลักทรัพย 1,044,000.00 1.28 1.28 บริษัท บัตรกรุงไทย จํากัด
() (HANA) - 83,800 2,995,850.00 2.94 2.86 ENERGY & UTILITIES 15,532,450.00 15.24 14.81 3$43 ก5M8- 9,& ก () (BCP) - 89,300 2,946,900.00 2.89 2.81 3$4 5-. ก () (PTT) - 26,600 6,490,400.00 6.37 6.19 3$4 N9
) (OR) 2,140.00 54,570.00 0.08 0.08 บริษัท ปตท. จํากัด (มหาชน) (PTT) 127,200.00 4,324,800.00 6.16 6.12 บริษัท ไทยออยล จํากัด (มหาชน) (TOP) 25,400.00 1,308,100.00 1.86 1.85 เงินทุนและหลักทรัพย