Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
GLOW shares from Stock Exchange of Thailand (SET) after the proce ss is completed. Delisting Tender Offered must be approved by the shareholders of GLOW and the company expects to be able to proceed with
future projects. In terms of the progress on Delisting Tender Offer of GLOW, the process was completed on 2 December 2019 and GLOW has been delisted from being listed on the Stock Exchange of Thailand on
management and operation. Presently, the Company holds 99.83% of the total issued and sold shares of GLOW and has completed the delisting of GLOW securities from the Stock Exchange of Thailand on 13 December
increase in Q4/2019. TRIS Rating On 24 September 2019, the Company has submitted the Tender Offer for the Securities of GLOW for the delisting of the securiti es from being listed on the Stock Exchange of
Share Purchase Agreement with respect to the share purchase transaction of Glow Energy Public Company Limited Attention: President Stock Exchange of Thailand Reference is made to the Information
securities of Glow Energy Public Company Limited, and the scheduling of Extraordinary General Meeting of Shareholders No. 1/2018 Attention: President Stock Exchange of Thailand Enclosure: Information
securities of Glow Energy Public Company Limited, and the scheduling of Extraordinary General Meeting of Shareholders No. 1/2018 Attention: President Stock Exchange of Thailand Enclosure: Information
securities of Glow Energy Public Company Limited, and the scheduling of Extraordinary General Meeting of Shareholders No. 1/2018 Attention: President Stock Exchange of Thailand Enclosure: Information
Limited To: Secretary-General, The Office of The Securities and Exchange Commission (the “SEC”) President, The Stock Exchange of Thailand (the “SET”) Board of Directors and Securities Holders of Glow Energy