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

Center for Listed Companies, Stock Exchange of Thailand • Member, State Enterprise Directors Pool Commitee 1 7 2 8 3 9 5 4 10 6 4 Securities and Exchange Commission 4 Work experience • Chairman, Price

Committee, Revenue Department Chairman, Corporate Governance Development Center for Listed Companies, Stock Exchange of Thailand Member, State Enterprise Directors Pool Committee Work experience: Chairman

Governance, Stock Exchange of Thailand • Member, State Enterprise Directors Pool Committee Work experience : • Chairman, Price Waterhouse Co., Ltd. • Member, Board of Governors, Stock Exchange of Thailand

corporate governance while promoting awareness and use of the OECD Principles of Corporate Governance as well as the OECD Guidelines on Corporate Govern- ance of State-Owned Enterprises. In addition to being

local stock and bond markets. ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ 2

661 6664-5 www.indoramaventures.com Ref.No.IVL005/12/2018 24th December 2018 President The Stock Exchange of Thailand Subject: Integrated PTA-PET assets at Corpus Christi Joint Venture Receives FTC

investment type as follows: 1. Bank Deposit 2. GSB/BAAC Lottery 3. Common Stock 4. Real Estates 5. Precious Metal 6. Personal Share 7. Insurance Policy 8. Cooperatives 9. Government Bond 10. State Enterprise

Party transaction. SeA: securities and exchange Act 1992 SeC: securities and exchange commission of thailand SePO: state enterprise Policy office SeT: stock exchange of thailand. SfiS: specialized

President of the Stock Exchange of Thailand We, Fancy Wood Industries Public Co., Ltd. would like to clarify the overall operation of the Company and its subsidiary company for the second quarter of 2018