To break or not to break: Evidence from price discovery process of Thai stocks during the pre-opening of each trading session To break or not to break Evidence from price discovery process of Thai

4 6 8 10 12 14 -2 0 2 4 6 8 10 12 14 0 1 2 3 4 5 Star rating by Morningstar Cheap & well-performing funds attract large inflow over 2014. Note: tracking errors are based on the primary prospectus

facts about the types of stocks they hold and the positive relationship between past returns and the ability to attract new investment capital, which we build on in the second and third essays. The second

= 4.65 % 5. Details assets 5.1 Shareholder Structure in N Hospital Co.,Ltd Prior to Transaction 1. World Corporation Public Company Limited Numbers of stocks held 2,549,745 shares 33.33 % 2. Green Estate

operates in mobile and technology business and has promptly caravans to service, thus, the Company has launched the service “MVP Service Express” come up with 3 distinctive features: 1. cheap price 2

Green Avenue company limited = 9.29 % 5. Details assets 5.1 Shareholder Structure in N Hospital Co.,Ltd Prior to Transaction 1. Green Estate Chiangmai company limited Numbers of stocks held 1,490,625

Estate Chiangmai company limited Numbers of stocks held 1,490,625 shares 19.49 % 2. Green Avenue company limited Numbers of stocks held 659,225 shares 8.62 % 3. Mr. Kritsada Tunpow Numbers of stocks held

PPG products caused we cannot bid for any projects , and we have to set up provision for obsoleted raw materials and stocks. Please be informed. Yours Sincerely, Panya Boonyapiwat Chairman

funds effectively act as de facto indexers, delivering returns that are very similar to the market. 3. The majority of capital is allocated to stocks with large market capitalization, and growth stocks

investments and fair value gains however totalled Baht 113.48 million, an increase of Baht 41.53 million or equivalent to 57.72%, due to the increase of the price of stocks listed on stock exchange of Thailand