asymmetry – Predominantly permanent (temporary) price increases (decreases) for buyer (seller) initiated block trades (Holthausen et al 1987, 1990; Keim and Madhavan 1996; Kraus and Stoll 1972) – Buys are
proposition that buy trades are more informative than sell trades. However, for very large trades, it appears that, regardless of market conditions, the permanent price impact of buys is always larger than the
” means an increase or decrease in the number of investment units of any person who buys or redeems an investment unit at an incorrect investment unit price, or a payment in an amount equivalent to the
tender shall take place provided that: (1) the Company obtains shareholder approval for the tender offer for all securities in TBSP; (2) the Company obtains shareholder approval for the Company’s increase
infrastructure business to the mutual fund; (2) in cases where the mutual fund acquires assets of an infrastructure business from a transaction with a related person, the certification of the person to be
shareholders. Such investment, when calculated transaction size with other transactions concerning acquisition and disposal of Asset during 6-month period, obtains value exceeding 15% but not exceeding 50% of
to value-added contribution to the shareholders. Such investment, when calculated transaction size with other transactions concerning acquisition and disposal of Asset during 6-month period, obtains
company shall prepare financial statements as prescribed in the forms and explanations as attached hereto. Clause 4/11 In the case of a securities company in Clause 4 which obtains a securities business
company shall prepare financial statements as prescribed in the forms and explanations as attached hereto. Clause 4/11 In the case of a securities company in Clause 4 which obtains a securities business
amended) (the “Takeover Notification”) at the offering price of Baht 15.70 per share. The launch of conditional voluntary tender shall take place provided that the Company obtains approval from the