level in most of important reservoirs were in adequate supply for farming and the weather condition in most part of the country was also favorable for agricultural products to be produced. These factors

following; JV Company Name Beans and Brown Co., Ltd (“Beans and Brown”) Nature of Business The Joint Venture Company engages in Food and Beverage Business under the brand “Casa Lapin” and Trademark “Casa

- Translation - Ref: IR62/012 13 November 2019 Subject: Notification of Board Resolution on Investment in Beans and Brown Co., Ltd and Set up new subsidiary of J Venture Co., Ltd To: The President

& Green would lay a solid foundation for Thailand’s sustainable growth ฿ Smart & Green Farming Community-based Tourism Renewable Energy Slide 1 Slide 2 Slide 3 Slide 4 Slide 5

the goal of (1) reducing GHG emissions/increasing sequestration or (2) enhancing adaptation and resilience. Controlled environment agriculture Aquaculture and the farming of fish Supply chain

IPBES; Dasgupta review; CBD; ENCORE; CDP Sustainable Food Systems Initiative Agriculture & related service activities (chemicals) - Low input farming systems: reduced use of chemicals - % surface covered

., 2018; CALISKAN et al., 2020) •Naive Portfolio •Minimizes risk without sacrificing expected returns(Tang, 2003) •Optimal strategy(Bock, 2018;Brown et al., 2013;li, 2018) 6 Background(Cont.) •Mean variance

% due to In 2016, Repayment of loans to financial institutions. Separate financial statements Revenues 1. Total sales of 10.03 Million Baht due to the sale of organic farming. was 6.51 Million Baht or

• A related strand of research focuses on price clusters. • Many studies have found that the stock prices tend to cluster around particular numbers (e.g. Harris (1991), Aitken et al. (1996), Brown et al

Goetzman&Ibbotson (1994) Nonparametric contingency table Yes Brown&Goetzman (1995) Nonparametric contingency table Yes Carhart (1997) 4-factor model momentum Yes Bollen&Busse (2005) 4-factor model momentum