carbon and climate resilient economy. The Initiative seeks to develop mechanisms to better align the interests of investors, industry and government to catalyse investments at a speed and scale sufficient

characteristics as specified in Annex 1: Host Economy Laws and Regulations, Annex 2: Common Regulatory Arrangements and Annex 3: Passport Rules as prescribed in the Memorandum of Cooperation on the Establishment

model. Journal of Financial Economics, 82(3), 631–671. Pastor and Stambaugh (2003). Liquidity risk and expect stock returns. Journal of political economy, 111, 35-52. Rhee, S. G. and Wang, J. (2009

accounting is largely transaction-focused and ill-equipped to capture the intangible drivers that increasingly underpin value creation in the modern economy. The so- called ‘value gap’ between more traditional

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...

; leading to decreased demand for oil. Thus, the International Monetary Fund (IMF) has lowered their estimated figure for global economic growth, the new estimate postulates that the global economy will grow

Coronavirus Disease (COVID-19) that is expanding and becoming more widespread around the world affecting both the global economy and the Thai economy severely in all aspects. In this regard, the company has

in every level both in Thailand and foreign country and macro-economy and micro-economy, which are specific and having more specific target group than KMM’s contents, which is presented via digital

efficiency of procurement process and inventory management, which could be assessed as 8% of total synergy value. A digital system will be applied in order to improve the process, resulting in Economy of Scale

businesses, for the purpose of maintaining the stability of the country’s economy, and protecting investors and the public concerned. The enactment of this Emergency Decree is consistent with the conditions