time, we have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai Life Assurance Public Company Limited and our business partners, for service

Collaboration for Combating Investment Scams Project, initiated by the Stock Exchange of Thailand (SET). The project aims to facilitate multilateral cooperation to fight against fraudulent activities through

the enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership over the long term through collaboration and synergy with other companies within

billion baht placed Thailand highest in the ASEAN region for a third year. Despite a challenging volatile environment, collaboration by all relevant participants helped the Thai capital market achieve a

deliver a positive customer experience anywhere, anytime through collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, startups and our business partners under the

the SEC website: www.sec.or.th/scamalert and email: scamalert@sec.or.th. This Investment Scam Hotline Initiative is part of the SEC’s contribution to the Collaboration for Combating Investment Scams

the collaboration with other agencies in criminal proceedings. The momentum of private sector synergy throughout 2006 was commendable. Cooperation among market participants in the form of industry

Corporate Finance 33 Broker-Dealer 36 Asset Management 43 Investment Adviser 48 Enforcement 53 Market 57 International Cooperation 60 Corporate Affairs Appendices 63 Capital Market Performance 2002-2004 69

in raising funds for both public and private sectors, thanks in large part to the cooperation among the SEC, capital market organizations and listed firms in underlining the importance and

Thai capital market today results from the cooperation and support of all market participants including staff of the SEC. In this connection, on behalf of SEC commissioners, I would like to express my