, resulting 24 SEC Classification : ใชภ้ายใน (Internal) in managers taking actions that are beneficial to shareholders in the long run, including fostering strong positive corporate culture. Cognizant of

support of the positive CSR effect on firm value irrespective of which proxy is used to identify CSR latent variable. Third, this study shows that CSR strategies based on a single pillar of ESG or the

Exclusive Opportunities Comprehensive Development There are 3 key development aspects of the EEC equipped with various mechanisms under the EEC Act 2. Favorable Ecosystem • EEC Demand-Driven Education

that firms use RTOs as a short- cut to listings after review of regulation, analysis of characteristics, and readings of motivations to conduct RTOs in circulars. • Short-term positive CAR and improved

and regulatory control variables. We also find the year after volatility in the stock market increases, gambling markets performance is positive and significant, revealing these gambling investors

maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3

by S&P in 2018 while Moody’s has a “positive” outlook on its rating. We see potential for further upgrades in the medium term considering the company’s good operating track record, prudent financial

in submitting inquiries and expressing beneficial opinions in a meeting, to the best of their abilities; senior management shall not serve as full-time employees at other organizations, and shall

concerted efforts of all units involved. KASIKORN SECURITIES PCL continued to report favorable operating performance and was able to retain its market leadership. KASIKORN ASSET MANAGEMENT CO., LTD. remained

placement. 8. Opinion of the Company’s Board of Directors regarding the entering into the transaction The Board of Directors has the opinion that such transaction is appropriate and beneficial to Company and