% • [High-Risk Group] One standard deviation increase in realized loss would increase risk-taking by 2.98% SEC Classification : ใชภ้ายใน (Internal) Results – Bull vs. Bear Markets 19 SEC Classification

market conditions:  Period 1: Mar 2000 to Oct 2000 – bear market  Period 2: Nov 2000 to July 2001 – neutral market  Period 3: Nov 2001 to Jun 2002 – bull market • Exclude opening transactions and trades

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

ไทย” ได้รับผลกระทบจาก COVID- 19 โดยโรงงานผลิตสินค้าปิดตัวลงชัว่คราว และธุรกิจร้านอาหารประเภท White table cloth restaurant ที่ประเทศสหรัฐอเมริกาซึ่งเป็นตลาดหลักของสินค้าเปิดให้บริการเฉพาะการซือ้กลบับ้าน

รนด์สนิค้า อาหารสาํเร็จรูปพร้อมปรุง ท่ีเน้นวางจําหนา่ยในตา่งประเทศเป็นหลกั ในช่วงแรกจะมีกลุม่ลกูค้าเปา้หมายเป็น ภตัตาคารท่ีมีระดบั (White Table Cloth) และจะขยายกลุม่ลกูค้าเป็นร้านอาหารทัว่ไป (Food

markets instead of bull markets. Nevertheless, only one-third of the equity mutual funds in this study can reveal the excess returns compared to benchmark. For the per- sistence of equity mutual fund

supporting medical innovations, donation of alcohol gels, Inthanin drinks, Bangchak cash cards to various state agencies. Also includes the sales of alcohol and masks at special price, donation of cloth masks