: Management explanation and analysis Quarter 3/2020 ending 30 September 2020 Attention: The President of, The Stock Exchange of Thailand Ziga Innovation Public Company Limited (“the Company”) manufactures and
part to the sustained efforts of all parties involved. Over the year 2004, the Securities and Exchange Commission (SEC) worked with the Stock Exchange of Thailand (SET) and other public agencies as well
reasonable regulations. Beside regular communication with the preparers regarding the importance of quality financial reporting, the SEC cooperates with the Stock Exchange of Thailand in promulgating the
excellent opportunities for sustainable growth, so we can say that good CG adds to a firm’s value and sustains its growth. In 2002, The Stock Exchange of Thailand (SET) supported listed firms have to good CG
the monopoly status of the Stock Exchange of Thailand through demutualization, and liberalize securities business licensing and brokerage fee. Other strategies include reform of legal framework and tax
local stock and bond markets. ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ 2
international businesses. Moreover, the SEC allowed the Stock Exchange of Thailand (SET) to use the market capitalization as an additional criterion for securities listing. Such practice is recognized
the mark for another year in 2006, further strengthening the robustness of market infrastructure. Though affected by unexpected incidents late in the year, the market managed to recover and the stock
restructuring of Thailand’s manufacturing sector remains underway, thus hindering employment of well-educated workers. Second, the Thai educational system cannot accommodate demand in the labor market, as
Page 1 of 2 Ref. GEL.CS.012/2561 25th April 2018 Subject: The disposition of warrants to purchase common stock of Millcon Steel Public Company Limited No.4 (MILL-W4) To: President The Stock Exchange