<div>
	&nbsp;</div>
<div>
	The downgrade came after the Securities and Exchange Commission&rsquo;s disqualification of eight NMG directors.</div>
<div>
	The lower rating was due to a top-management vacuum, since some of the disqualified directors are also CEOs of NMG and its subsidiaries, according to the rating agency.&nbsp;</div>
<div>
	Towards the end of this year, NMG&rsquo;s notes worth a combined Bt200 million are due to be paid, with about Bt100 million due tomorrow.</div>
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	&nbsp;</div>

TRIS downgrade

Bangkok warns residents of possible water level rise in Saen Saep Canal

<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

TRIS downgrade

Credit-rating agency TRIS has downgraded Nation Multimedia Group’s securities to “BB” from “BBB” after issuing a warning on them and a “negative” outlook.

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