August 24, 2020

Thai Enquirer Summary

Political News

The government of embattled Prime Minister General Prayut Chan-o-cha is in the hot

seat after the House’s budget scrutiny sub-panel unanimously voted to approve the Royal

Thai Navy’s (RTN)’s procurement for 2 Chinese-made submarines at a cost of about 22.5

billion baht. The House’s sub-panel’s approval for the scheme became a contentious

issue that could fuel further political tensions in the country.

The severity of the issue has become so widespread that the RTN is now looking

to hold a press conference today to explain the reasons.

The press conference is set to be held at 13:30 on the reasons why it needs

to buy the 2 more submarines

Although leaked documents shows that the signed documents does not

anywhere shows that the country has an obligation to buy the remaining 2

submarines

The euphoria erupted after the sub-panel voted 4:4 over the submarine purchase

plan.

Four members of the budget scrutiny sub-panel voted in support of the

project while four others opposed it, prompting the panel’s chairman

Supol Fongngam of the Phalang Pracharat Party to cast the decisive vote

in support of the project.

The 4 government MPs who voted in support of the submarine

procurement project are 2 PPRP MPs Chiradet Srivirach and Kornnit

Ngamsukhonrattana; Siriwan Prasayrchaksatroo of the Democrat Party

and Chayut Pummakanchana of the Bhumjai Thai party.

After the vote, Supol, as the sub-panel’s chairman, said he did not want to cast the

decisive vote in support of the project although he wanted to put the procurement

on hold given the current economic problems facing the country. However, Supol

claimed that Navy top brass insisted that the procurement cannot be postponed,

leaving him with no choice to cast his vote to support the scheme.

In an interview on Monday morning specifically said

“Do you know what party I belong to, how could I allow the

opposition side to win?

And the RTN said that they have the need for it.”

Supol said he plans to ask the House’s budget scrutiny committee to weigh the

consequences of the purchase plan amid current economic woes at a meeting on

August 26. He called on the budget scrutiny committee to delay the procurement

plan in fear that the issue will fuel further political conflicts and public anger

towards the government.

Pheu Thai Party MP for Maha Sarakham Yutthapong Charassathian, as the deputy

chairman of the House’s budget scrutiny sub-panel, claimed that an influential

military general with the initial “Por” in the government phoned in during the

vote of 4:4, ordering Supol to cast the decisive vote to support the procurement

scheme.

Supol has denied Yutthapong’s claim, telling him to stop making such a

groundless claim.

The Pheu Thai Party has claimed that the procurement contract which was signed

by then Navy Commander-in-Chief Admiral Luechai Rootdit is not a

government-to-government (G2G) agreement and is invalid because it was not

signed by the Thai Defence Minister who is Prime Minister Gen Prayut who

represents the Thai government.

Good cop bad cop by Democrat party

Even though Siriwan in the sub-committee voted for it, the Democrat party has

come to voice opposition to the sub-panel’s approval for the submarine

procurement scheme.

The Democrat Party’s deputy leader Ong-art Klampaibul called for the

House’s budget scrutiny committee to revise the procurement plan saying

that the COVID-19 crisis, the economic crisis and people’s hardships are

more important than submarines. He disagreed with the government’s plan

to spend 22.5 billion baht of taxpayers’ money for the purchase plan amid

uncertainty of when the COVID-19 situation will ease.

On the charter amendment push, some of the student movement leaders have come to say

that they regret the stance taken by the various political parties on their side

Parit “Penguin” Chiwarak, a Thammasat University student activist and core

leader of the Free Youth Group, came out to express his disappointment in Pheu

Thai and Kao Klai parties of the opposition camp following their announcement

to steer clear of Section 2 of the constitution, which contain general principles and

royal provisions.

Parit said he was disappointed that the 2 parties decided not to touch

Section 2 of the charter in which he perceived as the most problematic and

the cause of political conflicts during the past 10 years.

In his Facebook post, Human Rights lawyer Anont Nampa, leader of the Free

Youth Group, said he regretted the Move Forward Party’s backtracking on the

push for amendments to Section 1 and Section 2 of the constitution. Anont

denounced opposition politicians for leaving students and the public on the streets

to face the “dark power” alone.

Meanwhile, 17 members of the 1997 Constitution Drafting Assembly (CDC) that

drew up the 1997 “People’s Constitution” came out to voice support for

amendments to the 2017 constitution attached with 10 demands. Among the 10

demands are:

An amendment to Section 256 of the constitution, making way for a new

CDC to be set up. It wants a new CDC to be drawn up from members of

the public and the re-adoption of the 1997 charter.

A dual-ballot system used in MP elections and all senators be drawn up

from a good representation of people from all careers in all the provinces.

A PM must come from a general election.

Justice system reform from upstream to downstream.

Limit power of independent bodies and have members of independent

agencies who come from selection processes that are linked with the

general public

Education reform to promote learners with creative thinking in response to

the changing world.

On the Thai National Anthem drama, 2 musical video clips posted on YouTube by the

Thai Department of Public Relations have been taken down after they were

overwhelmingly “disliked” by netizens.

The 2 clips are “Thong Chart” (National Flag) and “Rak Borisut Rak Jak Mae”

(Innocent Love from Mum). Twitter users criticized the content of the “Thong

Chart” lyrics as inappropriate and urged others to “dislike” the clip. The clip

logged 6,800 dislikes and only 46 likes out of more 14,000 viewers.

Part of the lyrics were “Having seen the Thai national flag these days, tears

almost spill for pitying the Land. For how long have Thai people forgotten their

patriotism, letting the tri-colour flag droop forlornly?”

The “Rak Borisut Rak Jak Mae” clip was posted on the YouTube page of the

PRD about a week ago. It told the story of a loving mother who tries to explain to

her child about joining political gatherings. The clip received 69 likes and over

9,000 dislikes out of over 38,000 views.

Public Relations Department chief Lt Gen Sansern Kaewkamnerd came out to

deny that the department made the 2 clips but said some state officials saw the

clips in social media and copied them down on the department’s Youtube

channel. He denied hiring anyone to make the clips and the clips had nothing to

do with his department.

Srisuwan Janya, secretary-general of the Association for the Protection of the

Constitution, claimed that a member of the Progressive Movement and the Kao Klai

(Move Forward) Party is the person who posted a video clip of a kindergarten student

who flashed a 3-finger salute against dictatorship. He said the Progressive Movement and

Move Forward member posted on his personal Facebook page a picture of a kindergarten

student with a clear face and the #kindergarten students against Dictatorship, no fear to

Section 116, a tool of the dictator”.

On August 21, a video of some officials allegedly visiting the parents of the

kindergartner who raised the anti-government 3-finger salute has generated

criticism from Thai netizens.

The incident was recorded by a security camera and posted on Facebook

on Friday (August 21) with a message saying “the authorities are looking

for Om Yim [the girl] for raising 3 fingers. Is that the reason why they

came to threaten us?”

The girl was identified as a kindergarten student in Yasothon province.

After she reportedly made the 3-finger salute, other children followed her,

expressing their support for her.

Srisuwan condemned the person who used children as a political tool. He said this

person’s action is deemed the violations of human rights and of the Child

Protection Act B.E. 2546. The sharing of the Facebook clip also violated the

Computer-related Crime Act B.E. 2550 (2007).

Srisuwan plans to ask the Royal Thai Police’s Technology Crime Suppression

Division (TCSD) to take legal action against the Progressive Movement member

in question at 10.00 hrs today (August 24).

Today (August 24), a group called the “Esan People Network for Democracy” is set to

hold a rally to demand the return of democracy from 16.00 hrs at the Democracy

Monument in Khon Kaen while a group of Chiang Mai University students announced a

gathering to reiterate 3 demands of the Free Youth Group including a dissolution of the

House, a stop to harassment by the government to individuals who are exercising their

rights under democratic principles and a charter rewrite at Sala Ang Kaew, Chiang Mai

University.

At Mahidol University’s Salaya Campus, Higher Education, Science, Research and

Innovation Minister Anek Laothamatas revealed that he instructed the Council of

University Presidents of Thailand (CUPT) to take better care of student rallies. Anek said

he received many phone calls from Prime Minister and Defence Gen Prayut Chan-o-cha

who expressed grave concern over student rallies that made unprecedented demands on

the monarchy.

Anek said he told university presidents to urge students to be royal to and protect

the royal institution and stand their ground to protect the monarchy.

Anek warned that students’ demand for a dissolution of the House makes it

impossible for charter amendments and told them to be reasonable with their

demands. He confirmed that all government coalition and opposition parties

agreed with the formation of a new constitution drafting assembly (CDC) that will

include student activists.

Anek said the ministry will hold a forum on August 27 to compile opinions of

students of Rajabhat universities and Rajamangala universities, to allow this first

group of students to share their views on setting a roadmap for the future of

Thailand.

The conservative all-girl Rajini School has announced that it will not allow students to

refer to the monarchy in an offensive manner and will not allow any actions which are

against the school’s regulations.

The school urged parents who are unhappy with the school’s position to take their

children from the school’s enrolment.

Economic News

The weekend was filled with rumours of possible fall of some commercial banks after a

vernacular Thai language magazine came out with an article by a Thammasat academic –

Rangsan Thanapornpan, who said that as many as 3 large commercial banks were on the

brink of collapse if the situation does not improve.

The talks of this was so severe that the Bank of Thailand (BoT) came out to

announce on Sunday (August 23) that the country’s financial sector were in good

shape and that there was no worry about possible failure of any financial

institution

The BoT came out to say that the stress test has shown that the country’s financial

sector was still resilient and could withstand more shocks if the situation does not

improve.

A report from the Ministry of Finance showed that the government’s revenue collection

in 2020 is likely to miss target by more than 400 billion baht. The expected revenue

shortfall will see a drop in the ministry’s “reserve money”. As a result, the ministry will

have to propose the Cabinet to seek an additional loan of 214 billion baht to cover

revenue shortfall.

Despite criticism last week that the government is now broke, Assistant Professor

Dr Anusorn Thamajai, former Director of Policy and Public Debt Management at

the Finance Ministry, came out to say the government is not broke but lacks

liquidity as a result of the pandemic that forced the government to impose

lockdown measures in the second quarter.

He even proposed the government to seek an additional loan of at least 300-500

billion baht during the end of the year to solve unemployment and resuscitate the

economy and called on the government to put a halt on all weapons procurement

projects.

There are reports that the government has a new policy to support employment of the

private sector by providing salaries of new employment, especially 400,000 new

graduates.

The Labour Ministry has put forward a proposal to seek a wage subsidy by having

the government subsidises around 5,000-7,500 baht per month for a period of 12

months for new graduates, according to a source with the Labour Ministry.

However, the exact figures have yet to be concluded. Initially, this proposal is

expected to involve a budget of around 24-36 billion baht.

The government plans to allow companies that will be entitled to join this wage

subsidy scheme on conditions that they must not lay off workers. It is said that

major companies like Charoen Pokphand (CP) Group, BTS Group Holdings,

Sino-Thai Engineering and Construction, PTT Plc and Bangchak Corporation

have said yes to the proposal.

Escalating political conflicts are taking an increasing toll on foreign investors’ confidence

in the equity market.

Asia Plus Securities (ASP) warned that escalating political tensions fuelled by

ongoing student rallies are hurting the market.

The brokerage firm recorded similar patterns in the market in a 1-month period

after key political activities in May 2008, March 2010 and October 2013, the

Stock Exchange of Thailand (SET) index fell at an average rate of 3.87 per cent in

a 1-month period after political demonstrations and plummeted more than other

global markets every time. The SET Index dropped 12.2 per cent in 2008, rose 4.2

per cent in 2010 and drop 4.2 per cent in 2013.

Foreign investors were net sellers of 20.8 billion baht during 1 month post-

political rallies. The market recorded foreign investors being net sellers of 42

billion baht in a 1-month period after the 2008 political demonstrations; foreign

investors being net buyers of 29 billion baht in 2010 and foreign investors being

net sellers of 50 billion baht in 2013.

The baht depreciation which normally followed protest rallies in the past

prompted foreign investors to delay their investments in Thai equities, said ASP.

Meanwhile Siam Commercial Bank Plc, the country’s 2nd

’ largest commercial bank after

Bangkok Bank in terms of its assets, came out to admit that it was suspending all E-

Commerce transactions for all the debit card holders of the bank.

The bank with millions of debit card holders, said that its system was hacked and

that the damage is not yet that severe but in order for the bank to put a cap on the

possible further damage the bank was suspending all E-Commerce transactions

for its debit card holders.

Kla (Dare) Party leader Korn Chatikavanij came out to echo his view against the Royal

Thai Navy’s procurement for 2 submarines at a cost of 22.5 billion baht in the wake of

the House budget scrutiny sub-panel’s approval.

Korn took to his Facebook page to warn the government that the current

economic crisis is more severe than any crises of the past with the country’s gross

domestic product shrank 12.2 per cent year-on-year in the second quarter.

Instead of buying submarines, Korn urged the government to set up a large fund

to provide assistance to small sized enterprises, a large number of them. The Kla

Party leader estimated that the budget for the acquisition of 2 Chinese submarines

will help support liquidity of more than 200,000 operators. He urged the

government to rethink deeply the submarine procurement plan amid the current

economic crisis.

Moreover, he said the budget for the submarine procurement could see the

government providing 22,500 Thai student at world-class universities that

specialise in engineering and innovations until they received graduate degrees,

citing an assessment from a reliable source who is a university lecturer.

Korn said it is wiser for the government to send some 20,000 students to study an

engineering program for the construction of submarines and for future exports.

He urged the public to keep a close watch on whether the House will support this

procurement project in a vote that will determine Thailand’s economic direction.

The University of the Thai Chamber of Commerce (UTCC) predicted that local elections

will generate at least 10-30 billion baht into the economic system if the government can

keep its promise to hold local polls in 2020.

Thanawat Polvichai, director of the Economic and Business Forecasting Centre at

the UTCC, said local polls will create spending for poll campaigns in both legal

and illegal channels.

Local polls are poised to create at least 150,000 new jobs in support of campaigns

by political parties, bolstering the economic growth rate by another 0.2-0.3 per

cent. As a result, the country’s GDP growth for 2020 should not plunge more than

9.4 per cent.

---------------------------------------------------------------------------------------------------------------------

General News

Thailand logged 5 new COVID-19 cases, all Thai returnees from abroad and in state

quarantine.

The new cases include 2 women, aged 26 and 29, working as hotel

employees, and one 53-year old man, who all arrived in Thailand from

Oman on August 17 and entered state quarantine in Chon Buri province.

All asymptomatic cases, they tested positive for the virus on August 21.

The fourth case is a 41 year old house maid who returned to Thailand from

India and entered state quarantine in Bangkok on August 8. She tested

positive on August 21. The fifth case is a 45-year-old woman who

returned from England on August 10 and entered state quarantine in Chon

Buri on the same day. She also tested positive on August 21, according to

the Centre for Covid-19 Situation Administration (CCSA).

Cumulative infections in Thailand, to date, are 3,395, with 3,221

recoveries and 58 deaths.

Political News Headlines in Thai Media

Last Sunday, while at the protest at Democracy Monument, I caught a conversation

between a father and his son.

o Link- https://www.thaienquirer.com/17371/opinion-students-may-be-losing-

supporters-by-touching-on-the-institution-dialogue-is-the-only-way-forward/

Mater Dei and Rajini School in Bangkok said in a statement being shared by parent

groups on Friday that they would not be letting their students join anti-government

protests because they were traditional institutions.

o Link- https://www.thaienquirer.com/17390/conservative-thai-all-girls-school-said-

they-will-not-allow-their-students-to-protest/

Food Panda said in a Saturday statement, that it would be withdrawing all its advertising

from the Nation TV channel after online netizens deleted their Food Panda application in

response to poor biased coverage from the channel.

o Link- https://www.thaienquirer.com/17347/ban-the-nation-campaign-hits-foodpanda/

Thailand’s Foreign Minister and recently appointed Deputy Prime Minister Don

Pramudwinai has for the last several years reportedly refused to meet with diplomats

from most western countries outside of courtesy calls, multiple diplomatic sources told

Thai Enquirer.

o Link- https://www.thaienquirer.com/17341/is-thailands-foreign-minister-refusing-to-

meet-with-western-countries/

Coalition MPs sparked a public outcry on Friday by voting to purchase two more

submarines as the economy sinks under the impact of Covid-19.

o Link-

https://www.nationthailand.com/news/30393333?utm_source=category&utm_mediu

m=internal_referral

Amid increasing calls from student activists for reforms to the monarchy, the steep rise in

the annual budget for Palace agencies over the years has drawn the attention of netizens.

o Link-

https://www.nationthailand.com/business/30393407?utm_source=category&utm_me

dium=internal_referral

A group of students and and supporters of the Free People group staged a brief rally in

Muang district of this northeastern province on Saturday night, calling for Prime Minister

Prayut Chan-o-cha to resign and dissolve parliament, the writing of a new constitution

and an end to the government's intimidation of the people.

o Link- https://www.bangkokpost.com/thailand/politics/1973087/anti-govt-rally-in-

khon-kaen

A majority of people are concerned the demonstrations by the Free People group at

Thammasat University on Aug 10 and at the Democracy Monument on Aug 16 would

lead to division and violence in society, according to an opinion survey by the National

Institute of Development Administration, or Nida Poll.

o Link- https://www.bangkokpost.com/thailand/politics/1973075/majority-fear-

demonstrations-could-lead-to-violence-poll

A majority of people agree with the three demands raised by the Free People group,

believing they are in line with democratic principles, but some believe that the

demonstrators must not infringe on the monarchy, according to the result of an opinion

survey by the Suan Dusit Rajabhat University, or Suan Dusit Poll.

o Link- https://www.bangkokpost.com/thailand/politics/1973067/majority-agree-with-

free-people-groups-demands-poll

Advertisers on Nation TV have sworn by their political neutrality after their brands

became targets of “cancel culture” by Thai Twitter users.

o Link- https://www.bangkokpost.com/thailand/general/1972739/advertisers-scramble-

to-curb-cancel-damage

In front of Democracy Monument under police guard was a grey-haired foreigner in a

blue T-shirt and shorts. He wore sandals and carried a backpack. He looks like a tourist,

but he said he is "observing" the pro-democracy protest which has become the largest

anti-government rally since the military coup six years ago.

o Link- https://www.bangkokpost.com/thailand/politics/1973211/expats-lend-support-

to-protesters

Today's students are passionate about their cause but have little knowledge of historical

rallies and seem to be driven by the cyber world, Higher Education Science Research and

Innovation Minister Anek Laothamatas said.

o Link- https://www.bangkokpost.com/thailand/politics/1973243/students-need-reality-

check

Economic News Headlines in Thai Media

BCPG Plc, one of Thailand’s power producers, shocked the market when it announced

that it was raising capital, citing the need for it to be able to take the opportunity to pay

down debts and expand its capacity in the years ahead.

o Link- https://www.thaienquirer.com/17385/bcpg-sees-sharp-drop-in-share-price-

after-capital-hike-news-parent-firm-reaffirms-commitment-to-participate/

Siam Commercial Bank said they would temporarily be suspending online transactions

for debit card holders after finding vulnerabilities, local media reported.

o Link- https://www.thaienquirer.com/17411/scb-suspends-online-debit-card-service-

after-hackers-expose-vulnerabilities/

PTT Plc is preparing to increase its shareholding in Global Power Synergy Plc (GPSC) to

31.7% to ease business operations, without giving PTT and its subsidiaries more grip on

GPSC.

o Link- https://www.bangkokpost.com/business/1972575/ptt-aims-to-raise-stake-in-

gpsc

Thailand’s commercial banks are financially sound and are able to withstand any

economic impact from the pandemic, Bank of Thailand (BoT) Deputy Governor Ronadol

Numnonda said in a statement Sunday.

o Link- https://www.bangkokpost.com/business/1973107/lenders-able-to-deal-with-

virus-impact-bank-of-thailand

Industry Minister Suriya Jungrungreangkit believes Thailand will maintain its status as a

major car production base in the post-Covid-19 period, with the Japanese carmaker

Nissan relocating production from Indonesia.

o Link- https://www.bangkokpost.com/business/1972419/nissan-confident-in-thailand-

base

Thai mattress exporters are being warned to brace for a possible anti-dumping duty (AD)

from the US, which is investigating AD and countervailing duty (CVD) claims on

mattress imports from several countries, including Thailand.

o Link- https://www.bangkokpost.com/business/1973263/mattress-exporters-warned-

over-ad-probe

SET-listed Thaire Insurance, a local reinsurer, is maintaining its target of 10% annual

revenue growth over the next three years, driven by growing public concern over health

protection during the coronavirus pandemic.

o Link- https://www.bangkokpost.com/business/1973279/thaire-maintains-10-growth-

target

The State Railway of Thailand (SRT) is planning to offer its land at Khlong San market

up for long-term commercial use under rental contract next year to generate additional

income, said Somyut Reun-Ngam, SRT deputy director for train operations.

o Link-

https://www.nationthailand.com/news/30393385?utm_source=category&utm_mediu

m=internal_referral

The private sector will propose four measures to boost the eastern region's economy to

the mobile Cabinet meeting in Rayong on August 24-25.

o Link-

https://www.nationthailand.com/business/30393330?utm_source=category&utm_me

dium=internal_referral

Investors have been warned to avoid speculating on initial public offering (IPO) shares as

some listed companies take advantage of the market situation by setting the share price

higher than its base price, experts said.

o Link-

https://www.nationthailand.com/business/30393380?utm_source=category&utm_me

dium=internal_referral

Issues to be watched out for

August 28, 2020 – Mobile cabinet meeting is scheduled in Rayong and Chanthaburi

provinces.

August 29, 2020 – The deadline for farmers to return the banned agri-chemicals, paraquat

and chlorpyrifos, in their possession to sellers.

August 31, 2020 – The government is expected to lift lockdown restrictions imposed

under the emergency decree.

September, 2020 – The 3.3-trillion-baht budget for Fiscal Year 2021 proposed by the

government is expected to sail through parliament.

September, 2020 - The Joint Standing Committee on Commerce, Industry and Banking

(JSCCIB) is planning to hire a consultancy to conduct an in-depth analysis on pros and

cons of the highly controversial Comprehensive and Progressive Agreement for Trans-

Pacific Partnership (CPTPP) in a bid to renew its call for the government to join the pact

next year.

September 2020 – Recruitment of new board members of the National Broadcasting and

Telecommunication Commission (NBTC) is set to kick off.

September 21, 2020 – The National Economic and Social Development Council (NESDC,

formerly known as the National Economic and Social Development Board or NESDB) is

to revise the 20-year national strategy at an annual meeting to respond to the COVID-19

crisis.

September 30, 2020 – The Stock Exchange of Thailand (SET) is set to extend the revised

equity short-selling regulations from June 30 to September 30 as stock market volatility

remains high in the wake of the Covid-19 pandemic.

October, 2020 – The bidding for construction and operation for the 140-billion-baht

Orange Line western extension linking the Thailand Cultural Centre with Bang Khun

Non.

October, 2020 – The Thailand Grand Prix was rescheduled after being postponed due to

the coronavirus outbreak.

October 27, 2020 – The Central Bankruptcy Court is set for first hearings for Nok Airlines

regarding the rehabilitation process.

Key Data

SET Index 1,299.26 +2.47

Link - https://www.set.or.th/en/company/ipo/upcoming_ipo_set.html

Global Commodities

Metal -Link http://www.bloomberg.com/markets/commodities/futures/metals/

Energy -Link - http://www.bloomberg.com/energy/

Baltic Dry Index (BDI)-Link - http://www.bloomberg.com/quote/BDIY:IND

Global Equity Market’s Movements

Link - http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

Asian Equity Markets Movement

Link - http://www.bloomberg.com/markets/stocks/world-indexes/

Information on August 21, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

BOFFICE 16,260,200 12.3 Purchase

BOFFICE 200,000 12.3 Purchase

BOFFICE 3,800,000 12.3 Purchase

CNT 500,000 1.28 Purchase

DDD 30,000 15.34 Purchase

DDD 10,000 14.6 Purchase

ECF 200,000 1.21 Purchase

ECF 20,000 1.22 Purchase

EP 386,800 3.75 Purchase

EP 354,800 3.69 Purchase

HANA 43,000 41 Sale

HANA 10,000 40.5 Sale

HREIT 15,000 8 Purchase

OSP 2,915,300 39.88 Purchase

PDJ 70,000 1.57 Purchase

PRIME 2,428,200 0.54 Sale

PRIME 1,711,600 0.53 Sale

PRIME 1,857,800 0.49 Sale

SKN 10,000 2.48 Purchase

SKN 10,000 41.67 Purchase

Revoked by

Reporter

SKN 10,000 2.48 Purchase

SELIC 50,000 1.95 Purchase

SWC 30,000 4.02 Sale

SWC 30,000 4.08 Sale

SICT 10,000 4.08 Sale

SICT 10,000 4.06 Sale

SICT 10,000 4.04 Sale

STGT 9,000 66.5 Purchase

SFLEX 64,400 11.89 Sale

SFLEX 16,000 12 Sale

VGI 5,000,000 5.89 Purchase

VIBHA 50,042 1.52 Purchase

VCOM 50,000 4.2 Sale

VCOM 50,000 4.4 Sale

XD, XE or XM or other notifications

For list of Companies that have dividend payment and AGM meeting schedules click on

http://www.set.or.th/set/calendarofevents.do

Trading Breakdown on the Stock Exchange of Thailand

Daily as of 21 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 5,369.78 12.7 5,658.38 13.38 -288.6 -

Proprietary

Trading

4,791.92 11.33 5,147.22 12.17 -355.31 -

Foreign Investors 13,578.19 32.1 13,801.07 32.63 -222.88 -

Local Individuals 18,555.12 43.87 17,688.33 41.82 866.79 -

Monthly Cumulative between 1 - 21 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 82,071.51 10.77 81,546.15 10.7 525.35 -

Proprietary

Trading

86,709.78 11.38 87,759.54 11.51 -1,049.77 -

Foreign Investors 265,521.95 34.83 279,474.26 36.67 -13,952.31 -

Local Individuals 327,931.57 43.02 313,454.85 41.12 14,476.72 -

Yearly Cumulative since 1 Jan - 21 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 1,150,951.57 11.11 1,080,953.84 10.43 69,997.74 -

Proprietary

Trading

1,054,892.59 10.18 1,054,922.78 10.18 -30.19 -

Foreign Investors 3,624,648.25 34.99 3,865,424.10 37.31 -

240,775.85

-

Local Individuals 4,529,031.13 43.72 4,358,222.83 42.07 170,808.30 -

Total Trading Value 42,295.00 Million Baht

Background Information –  

The strength of each party in the Thai Parliament as of May 8, 2019 as per the report by the

Election Commission of Thailand. Elections took place on March 24, 2019

https://www.ect.go.th/ect_th/news_all.php?cid=24

List of MPs - https://www.ect.go.th/ect_th/download/article/article_20190508184334.pdf

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