To break or not to break: Evidence from price discovery process of Thai stocks during the pre-opening of each trading session To break or not to break Evidence from price discovery process of Thai

December 2011. Copulas, which provide a tractable way of modelling non-linear dependency among random variables, are employed under a financial time series framework. The model consists of two parts: the

and financial performance by estimating linear mixed models which allow for time-invariant industry and industry- interaction effects. Their findings confirm the presence of a negative relationship

facts about the types of stocks they hold and the positive relationship between past returns and the ability to attract new investment capital, which we build on in the second and third essays. The second

= 4.65 % 5. Details assets 5.1 Shareholder Structure in N Hospital Co.,Ltd Prior to Transaction 1. World Corporation Public Company Limited Numbers of stocks held 2,549,745 shares 33.33 % 2. Green Estate

Green Avenue company limited = 9.29 % 5. Details assets 5.1 Shareholder Structure in N Hospital Co.,Ltd Prior to Transaction 1. Green Estate Chiangmai company limited Numbers of stocks held 1,490,625

Estate Chiangmai company limited Numbers of stocks held 1,490,625 shares 19.49 % 2. Green Avenue company limited Numbers of stocks held 659,225 shares 8.62 % 3. Mr. Kritsada Tunpow Numbers of stocks held

PPG products caused we cannot bid for any projects , and we have to set up provision for obsoleted raw materials and stocks. Please be informed. Yours Sincerely, Panya Boonyapiwat Chairman

funds effectively act as de facto indexers, delivering returns that are very similar to the market. 3. The majority of capital is allocated to stocks with large market capitalization, and growth stocks

investments and fair value gains however totalled Baht 113.48 million, an increase of Baht 41.53 million or equivalent to 57.72%, due to the increase of the price of stocks listed on stock exchange of Thailand