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
a light wind speed. Share of profit from the Geothermal Power Plant business recorded THB 93 million, profit from operation was THB 193 million, an increase from Q3/ 2017 which recorded share of
million as a result of higher property development operations selling expenses. Administrative expenses increased by Baht 31 million mainly due to increase in staff costs and loss on exchange rate. Share
enforced by banks, brokers, etc. • Governance by code, not by people – Nobody to hold accountable – Code is not always well-written – Velocity of transactions is very high, e.g., “flash loans” • Reliance on
development operations. Administrative expenses increased by Baht 8 million due mainly to loss on exchange rate. Share of loss from investment in associate increased by Baht 6 million and this relates to the
rate, share of profit from DREIT and the opening of Baan Dusit Thani which it was fully opened in the late 3Q19. Other Businesses reported the loss of Baht 2 million in EBITDA, decreased by 96.7% YoY. In
Philippines government’s policy, combined with the lowered wind speed. Share of profit from the geothermal power plant business in Indonesia increased by THB 14 million, from capacity factor that was higher
Page 1 of 2 Ref. GEL.CS.012/2561 25th April 2018 Subject: The disposition of warrants to purchase common stock of Millcon Steel Public Company Limited No.4 (MILL-W4) To: President The Stock Exchange
Page 1 of 2 Ref. GEL.CS.003/2561 27th February 2018 Subject: The disposition of warrants to purchase common stock of Millcon Steel Public Company Limited No.3 (MILL-W3) To: Director and Manager The
No. For.16/2018 July 16, 2018 Subject: Notification of the additional investment in M.K. Real Estate Development Public Company Limited To: The President The Stock Exchange of Thailand Finansa Public