for our operations due to the COVID-19 pandemic. We temporarily closed our stores in accordance to the government requirement in the second quarter. Going into this crisis, we had a well-developed
financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings
Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be
or changes to the existing information systems in compliance with the established change control procedures; (4) carry out testing of information system developed or changed to ensure that such
to the existing information systems in compliance with the established change control procedures; (4) carry out testing of information system developed or changed to ensure that such information
. Restriction on utilization of real estate has been removed by adding right-based asset as a new asset class which involves the right to use properties that can be transferred and placed as a guarantee for debt
keeping the password in the safe etc. and restriction for the necessary case only · Specifying the compliance period and instantly when that period had lapse. · Change the password strictly in case of the
password or keeping the password in the safe etc. and restriction for the necessary case only ▪ Specifying the compliance period and instantly when that period had lapse. ▪ Change the password strictly in
restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the