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

trading strategy where one buys at the threshold price and sell if stock prices move up or down by one tick. 2. Also, if retail investors believe that the movement of stock prices follow Geometric Brownian

Europe ( closed arbitrage), causing Gasoil stock level in Singapore to move beyond its 5-year average level. Gasoil and Dubai crack spread (GO/DB) declined by 6.53 $/BBL compared to the average 12.37 $/BBL

BS15, shareholder’s loan granted by the Seller on the share transfer completion date and remaining cash on the share transfer date) Shareholding structure after the completion of shares purchase: The

MJD.IR.011/2020 14 August 2020 Subject : Clarification of the operating result for the year 2020 ended June 30, 2020 Attention : Director and Managing Director The Stock Exchange of Thailand Major

Palmer & Turner (Thailand) Ltd MJD.IR.009/2562 14 May 2019 Subject : Clarification of the operating result for the year 2019 ended March 31, 2019 To : Director and Manager The Stock Exchange of

Palmer & Turner (Thailand) Ltd MJD.IR.010/2562 13 August 2019 Subject : Clarification of the operating result for the year 2019 ended June 30, 2019 To : Director and Manager The Stock Exchange of

the share transfer agreement (Share purchase transaction). Guarantee obligations and other obligations : -None - Reasons for the share disposal : TL’s business has accumulated losses; therefore, the

Effect when households become richer as a result of a rise in asset values, such as corporate stock prices or home values, they spend more and stimulate the broader economy. NBER THE DIGEST: NO. 8, AUGUST

Page 1 Date 25 February 2020 Re: Management Discussion & Analysis for the Year Ended 31 December 20020 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN PUBLIC COMPANY