Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

decisions. We measure value through a certainty-equivalent utility-adjusted retirement income metric. Gamma will vary for different types of investors and for different strategies; however in this paper we

last year mainly attributed to increase in Disposal Asset Group classified as held for sales of Power Plants business unit in the amount of THB 149.44 million. After considering the certainty of disposal

and Disposition of Assets, BE 2547 when there is a certainty of the transaction. The Company’s transaction is considered an asset acquisition transaction under the announcement of the Stock Exchange of

public limited company incorporated under the law of Thailand, the shares of which are listed securities on the Stock Exchange; “Stock Exchange” means the Stock Exchange of Thailand; “Notification

ที่ กตพ Ref. DBP. 156 / 2018 November 12, 2018 Subject : Clarification on Operating Results for the 3rd quarter and 9-month Period ending September 30, 2018 To : President The Stock Exchange of

ng, Khon Ka ing paymen Kaen to NM ation memo ownership a Kaen, dated nceling the 2018 and N ldings, Am nsaction of on Kaen, to ector and M e Stock Exch ormation M ltimedia Gr e reference a Group Pu 8

Issued and paid-up share capital 21. Stock rights and warrants 22. Additional paid-in capital (discount on capital stock)) 23. Appraisal surplus 24. revaluation surplus (deficit) in investments) 25

capital 20.2 Issued and paid-up share capital 21. Stock rights and warrants 22. Additional paid-in capital (discount on capital stock)) 23. Appraisal surplus 24. revaluation surplus (deficit) in investments

/2019 To Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) Regarding the Purchase of the Ordinary Shares of KPN Academy