PHILLIP ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 16/04/2021 - 26/04/2021

on 20 March 2020. BOT stands ready to make additional purchases of government bond to lower the volatility of the government bond yield and ensure the normal functioning of the government bond

approval of the SEC Board in the event that the operation and management of the listed company may materially affect the benefit of the public, the company or the shareholders, and that other normal channels

(ii) executing trading orders on a continued basis to create the price or trading volume of such securities to be inconsistent with normal market condition. The amendments specify more efficient

broadband remains resilient while enterprise business was recovering Fixed broadband business continued to grow 21%YoY in revenue driven by increased demand for home connectivity from the new normal, albeit

-competitive environment. The revenue recorded at Bt10,064mn, an increase of 19% YoY. AIS focuses on a fixed-mobile- content convergence (FMC) strategy alongside consistent service standards and introducing

recorded in 4Q20 in amount of Bt246mn, with an approximately similar amount for the next four years. Market and Competitive Environment FY20 marked the beginning of the 5G network and service in Thailand

was Bt6,644mn, decreasing -1.7%YoY as D&A rose from new spectrum and expansion and decreasing -7.3%QoQ from unrealized foreign exchange loss and tax benefit in 4Q20. Market and Competitive Environment

accounting standards and the internal control environment. - Whether the client is aggressively concerned with maintaining the firm’s fees as low as possible. - Indications of an inappropriate limitation in

direction primarily by considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. At the same