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

of stocks in promise of superior performance. Studies on fund managers’ stock selection skills and fund performance yield mixed results, partly because there are various ways one could measure them.9

continued intense competition. The postpaid segment further developed a positive momentum and contributed a larger pie YoY in revenue share. Accelerated 5G users with superior network and service experiences

network has reached 76% of population across 77 cities, focusing on the high- usage areas and utilizing the 2600MHz and 700MHz to provide a superior customer experience compared to our peers. Additionally

indices 38,314 Stock sector = broad 19,603 Style = broad 12,492 Return = total return 7,530 Unique name (e.g. FX classes) 2,446 Deduct: missing data (184) Final sample 2,262 n = 2,262As of 19 Mar 2015 S tr

Ref. No. IVL 007/05/2018 May 10, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

debt to EBITDA of 1x and decent interest coverage ratio of 14x in FY20. Asset turnover: Inventory was well-managed with inventory days declined from 51 days to 44 days due to lower handset stock. Account

to deliver a superior customer experience. Our effort to drive 5G adoption drove 5G subscribers to 3.9mn or 8.6% of total subscribers with the ARPU uplift of around 10-15%. Broadband and Enterprise

selling unlimited data packages driving the ARPU downward. Nonetheless, our 5G network continued to expand with >26k BTS and reached 85% of the population with our aim to deliver a superior customer

selling unlimited data packages driving the ARPU downward. Nonetheless, our 5G network continued to expand and reached 85% of the population with our aim to deliver a superior customer experience. Our all