independent financial advisor views that despite the reasonable objectives of the proposed acquisitions, NBC’s shareholders should not grant an approval because (1) the sale price of “Komchadluek” assets and

purchase price are reasonable and beneficial for the company and its shareholders and in compliance with reasonable conditions. In this regard, IFA is of the opinion that the acquisition is reasonable

to abide by the Securities and Exchange Act, B.E. 2535 (1992) and the Derivatives Act, B.E. 2546 (2003). They must not have behavior for unfair trade. Examples are analyses with distorted

management company within a reasonable period. In this regard, such information must be accurate and up-to-date, present neither misleading, distorted facts, nor material content that differs from such

payments for subscription for investment units to subscribers within a reasonable period. (Translation) 4 Clause 5. Regarding the registration of a pool of assets as a mutual fund, the management company

contract with the management company within a reasonable period. In this regard, such information must be accurate and up-to-date, present neither misleading, distorted facts, nor material content that

or not complying with any significant approval requirements for the offering of trust unit within the period of 5 years before applying for the offering; (2) pose no reasonable doubt to its ability to

material particular, providing an investment analysis or a forward looking statement based on false or distorted data. It is imperative that the persons who give information or opinions to the public be

its business by maintaining corporate image and reputation including credibility of capital market essentially, as well as operates its business with reasonable awareness by taking account of time

reasonable to increase the flexibility in submitting the report to be in line with the operation procedures of the business operators, whereby the business operators may request  an extension in submitting