หุ้นใน issuer (listed co.) ให้ใช้ส่วนของผู้ถือหุ้น ของผู้ถือหุ้นใหญ่ ของ FA เป็นฐานในการคำนวณ 5 1.2.3 แผนภาพที่ 3 การถือหุ้นใน issuer ที่ spin มาจาก listed co. 2. issuer4 ถือหุ้น5 FA 2.1 หลักการ กรณีท่ี

การถือหุ้นใน issuer ท่ี spin มาจาก listed co. 2. issuer4 ถือหุ้น5 FA 2.1 หลักการ กรณีที่ issuer ถือหุ้น FA อำจพิจำรณำได้ว่ำ issuer มีอิทธิพลต่อกำรปฏิบัติงำนของ FA ดังนั้น issuer จึงไม่ควรถือหุ้นในระดับ

% Inventories 9,461 7,684 7,297 23.1% 29.7% Investments in associated 536 593 0 (9.5%) N/A Consolidation goodwill 438 450 307 (2.5%) 42.9% Property, plant and equipment 8,177 7,302 5,966 12.0% 37.1% Other assets

the previous year. 2017 was a year of record high revenue and profitability. The growth drivers include: 1. The consolidation of financial statements with two outdoor media operators, Multi Sign and

% from the same period of the last year, which was driven by an increases in net selling space from newly opened store under our hardline retailing in Thailand category as well as the consolidation of our

value when converting their operating results from local currencies to Thai Baht for the consolidation of financial statements. The Manufacturing and Selling of Toolings and Metal Fabrications, which is

when converting their operating results from local currencies to Thai Baht for the consolidation of financial statements. The Manufacturing and Selling of Toolings and Metal Fabrications, which is solely

also affected by the strengthening of Thai Baht, which resulted in a decline in total value when converting their operating results from local currencies to Thai Baht for the consolidation of financial

for the consolidation of financial statements. The Manufacturing and Selling of Toolings and Metal Fabrications, which is solely from Halcyon Metal Co., Ltd. or “HM” in 3-month period ended 31 March

2014 6 TSE vs OSE: Strategic consolidation 7 Importance of study on RTOs • Regulators need to strike balance between investor protection without delineating potential firms to enter the exchanges