, 2021 Market risk: identified changing customer behaviour towards low-carbon products, and reduced demand for higher carbon products and services. Reputation risk: identified growing expectation from

Development (Cont’) • The optimal debt level leads to the higher stock price. The LEV variable defines as the ratio of total debt to total asset. The expectation on its relationship with TOBINQ is positive as

risks and catch new opportunities. Changing global risk landscape Assessment of risk exposure of assets/investments Changing investment landscape Changing shareholders’ and stakeholders’ expectation

/ Session 2: Investor Panel Discussion on Engagement & Climate Change วิทยากรผู้ร่วมเสวนา Ms. Valerie Kwan, Director, Engagement, AIGCC Ms. Ally Chin, Sustainable Investing Associate, Fidelity International

expectations for the fundamentals and/or valuation of the sector* relative to the group’s historic fundamentals and/or valuation: Overweight : The analyst’s expectation for the sector’s fundamentals and/or

ของวิธีการที่ผู้สอบบัญชีใช ้ ในการกาหนดค่าคาดหมาย (“expectation”) และในบางกรณีไม่พบการกาหนด expectation เพื่อใช้ในการ วิเคราะห์เปรียบเทียบ ไม่พบการกาหนดจานวนผลแตกต่างที่ยอมรับได้ ระหว่างจานวนที่บันทึก

expectation, Not only exporting business but Travelling business also have trend to growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial

" outlook, which reflects the expectation that The Company will continue to improve its performance and be able to maintain a strong financial position. December World Medical Hospital opened the World ART

“stable” credit rating outlook reflects the expectation that CPN will be able to sustain its strong operating performance whilst pursuing business expansion. CPN is also expected to maintain its strong

the new products. For Telecom Power System (TPS) products, even with the expectation that its sales revenues would get affected significantly by the disposal of investment in subsidiaries*, its sales