Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

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

casino for short term gamblers to satisfy their speculative urges. These two dichotomous aspects of the stock market taken together can be dangerous, as large fluctuations in stock values can have

foreign securities under Paragraph 1 are ordinary shares traded on any stock exchange in the GMS Countries, the market capitalization under Clause 13(2) shall be calculated by averaging the share value for

. 14 Jenwittayaroje (2017) studies Thai equity mutual funds between 1995 and 2014 and also find only a handful of funds that deliver positive net alphas. 18 Taken together with earlier stock-level result

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

si ve A ct iv e Investment performance can be attributed from many sources. How to measure active degree of the portfolio? BenchmarkFund 1 Stock X ,Y,Z =30 % Active share Sources: Cremers and Petajisto

Ref.No.IVL003/10/2017 05th October 2017 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of the Tire Cord business of DuraFiber in France With reference to the

Ref.No.IVL012/11/2017 30th November 2017 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of the PTA and Utility assets in Portugal With reference to the disclosure

Ref.No.IVL011/05/2018 25th May 2018 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of PET Business in Brazil With reference to the disclosure made by Indorama