which is separated for institutional investors, directors or employees of the issuer, clients who have trading accounts and transactions with the securities underwriter prior to this offering, or patrons

, directors or employees of the issuer, clients who have trading accounts and transactions with the securities underwriter prior to this offering, or patrons of the issuer (if any). For the purpose of the first

offering, or patrons of the issuer (if any). For the purpose of the first paragraph, the “fair allocation procedures” means the procedures in which a securities underwriter sets a subscription board lot and

Platform of Choice” in order to maintain existing clients with good track records while also broadening opportunities to acquire new patrons via digital channels. KASIKORNBANK has established its business

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...