Funds Remaining Dec 2012 Dec 2013 Dec 2014 Top Quintile • Large & Mid/Small-Cap 38 12 1 • Large-Cap 35 11 2 Top Half • Large & Mid/Small-Cap 93 58 21 • Large-Cap 86 55 20 Performance Persistence Over Five

patterns. On one hand, if good performance persists, strings would persist into the future implying 𝛿1 is expected to be positive and large. On the other hand, if the persistence of earnings strings is low

., Ltd., whose shares are held by the Company’s major shareholder, has agreed to execute the following agreements with the Company (representing execution of the lease agreement in continuation of the

associated with price increases and enjoy a further price continuation, but price drops from sales is nearly fully reversed (Chan and Lakonishok, 1993, 1995) – Keim & Madhavan (1995): buy orders take longer

and continuance. However, the deficiencies in the engagement performance continue to persist in a number of the audit firms. A. Firm level Elements Leadership responsibilities 20 15 15 15 15 15 15 15 15

positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim

and necessities of Execution of the Transactions This represents renewal of the space lease agreements in continuation of the existing agreements to ensure continued business operations in respect of

scales over time, with increasing severity and scope of impacts. Climate systems may exhibit thresholds and tipping points that result in large, long-term, abrupt, and possibly irreversible changes. 10

Approval for Investor Contacts In continuation of the Notification of the SEC Office No. SorKhor. 15/2548 Re: Approval for Investor Contacts and Standards of Conduct dated 21 June 2005 as amended by the

) 25/2550 Re: Guidelines for Renewal of Approval for Investor Contacts In continuation of the Notification of the SEC Office No. SorKhor. 15/2548 Re: Approval for Investor Contacts and Standards of