Year: 2023

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Zymeworks Announces $50 Million Private Placement to EcoR1 Capital

Proceeds expected to extend cash runway into H2 2027

VANCOUVER, British Columbia, Dec. 26, 2023 (GLOBE NEWSWIRE) — Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biopharmaceutical company developing novel, multifunctional biotherapeutics, today announced that it had entered into a securities purchase agreement with funds affiliated with EcoR1 Capital, LLC (“EcoR1 Capital”), for the sale of an aggregate of 5,086,521 pre-funded warrants to purchase 5,086,521 shares of common stock, $0.00001 par value per share, in a private placement. Each pre-funded warrant will be exercisable at an exercise price equal to $0.0001 per share, subject to adjustments as provided under the terms of the pre-funded warrant and will be exercisable at any time on or after the closing date, subject to a post-exercise beneficial ownership limitation of 19.99%.

“We are grateful for the ongoing commitment and additional financial support from our largest stockholder, EcoR1 Capital, as we work towards making a meaningful difference for people impacted by difficult-to-treat cancers and other serious diseases” said Kenneth Galbraith, Chair and Chief Executive Officer of Zymeworks. “The proceeds from this transaction allow us to further strengthen our financial position and extend our cash runway ahead of key milestones and events expected in 2024 and 2025.”

The proceeds from this transaction will help to broaden and potentially accelerate the Company’s ‘5 by 5’ research and development strategy, with investigational new drug application filings for ZW171 and ZW191 scheduled for 2024, as well as for use in funding general corporate purposes. Based on the Company’s current operating plan, Zymeworks anticipates that the proceeds from this transaction will now extend its current cash runway into H2 2027.

The aggregate gross proceeds from the offering are expected to be approximately $50 million, before deducting estimated offering expenses. The private placement is expected to close on or about December 28, 2023, subject to the satisfaction of customary closing conditions. The purchase price of $9.8299 for each pre-funded warrant was based on the closing price of $9.83 per share of Company’s common stock on The Nasdaq Stock Market LLC on December 22, 2023.

In addition, the Company has agreed that EcoR1 Capital will have the right, anytime until January 1, 2026, to nominate one of its partners as a member of the board of directors of Zymeworks, subject to specified conditions.

The securities sold in this private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered for sale, sold, transferred, assigned or otherwise disposed of absent registration with the U.S. Securities and Exchange Commission (SEC) or an applicable exemption from the registration requirements. Pursuant to the terms of a registration rights agreement entered into by Zymeworks with the investors, Zymeworks has agreed to file a registration statement with the SEC registering the resale of the shares of common stock issuable upon exercise of the pre-funded warrants.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Additional details regarding this private placement will be included in a Current Report on Form 8-K to be filed by Zymeworks with the SEC.

About Zymeworks Inc.

Zymeworks Inc. (Nasdaq: ZYME) is a global biotechnology company committed to the discovery, development, and commercialization of novel, multifunctional biotherapeutics. Zymeworks’ mission is to make a meaningful difference for people impacted by difficult-to-treat cancers and other serious diseases. Zymeworks’ complementary therapeutic platforms and fully integrated drug development engine provide the flexibility and compatibility to precisely engineer and develop highly differentiated antibody-based therapeutic candidates. Zymeworks engineered and developed zanidatamab, a HER2-targeted bispecific antibody using Zymeworks’ proprietary Azymetric™ technology. Zymeworks has entered into separate agreements with BeiGene, Ltd. (BeiGene) and Jazz Pharmaceuticals Ireland Limited (Jazz), granting each of BeiGene and Jazz with exclusive rights to develop and commercialize zanidatamab in different territories. Zanidatamab is currently being evaluated in global Phase 1, Phase 2, and Phase 3 clinical trials, including certain ongoing pivotal clinical trials as a treatment for patients with HER2-expressing cancers. Zymeworks’ next clinical candidate, zanidatamab zovodotin (ZW49), is a HER2-targeted bispecific antibody-drug conjugate (ADC) developed using Zymeworks’ proprietary Azymetric™ and ZymeLink™ Auristatin technologies. Zanidatamab zovodotin is being evaluated in a Phase 2 clinical trial for patients with HER2-expressing non-small cell lung cancer. Zymeworks is also advancing a deep pipeline of product candidates based on its experience and capabilities in both ADC and multispecific antibodies (MSAT), including planned IND filings for ZW171 and ZW191 in 2024. In addition to Zymeworks’ wholly owned pipeline, its therapeutic platforms have been further leveraged through strategic partnerships with global biopharmaceutical companies. For information about Zymeworks, visit www.zymeworks.com and follow @ZymeworksInc on X.

Cautionary Note Regarding Forward-Looking Statements

This press release includes “forward-looking statements” or information within the meaning of the applicable securities legislation, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, but are not limited to, statements regarding the expected closing of the private placement, anticipated receipt and use of proceeds from the private placement, whether the conditions for the closing of the private placement will be satisfied, the filing of a registration statement or final prospectus, as applicable, to register the resale of the shares of common stock issuable upon the exercise of the pre-funded warrants to be issued and sold in the private placement, the anticipated cash runway following closing of the private placement, the timing of anticipated IND filings, and other information that is not historical information. When used herein, words such as “plan”, “believe”, “expect”, “may”, “continue”, “anticipate”, “potential”, “will”, “progress”, and similar expressions are intended to identify forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon Zymeworks’ current expectations and various assumptions. Zymeworks believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. Zymeworks may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various factors, including, without limitation: whether the conditions for the closing of the private placement will be satisfied; clinical trials may not demonstrate safety and efficacy of any of Zymeworks’ or its collaborators’ product candidates; any of Zymeworks’ or its partners’ product candidates may fail in development, may not receive required regulatory approvals, or may be delayed to a point where they are not commercially viable; Zymeworks may not achieve milestones or receive additional payments under its collaborations; the impact of pandemics and other health crises on Zymeworks’ business, research and clinical development plans and timelines and results of operations, including impact on its clinical trial sites, collaborators, and contractors who act for or on Zymeworks’ behalf; inability to maintain or enter into new partnerships or strategic collaborations; regulatory agencies may impose additional requirements or delay the initiation of clinical trials; the impact of new or changing laws and regulations; Zymeworks’ assumptions regarding its cash runway may be incorrect; market conditions; and the other risks described under “Risk Factors” in Zymeworks’ Quarterly Report on Form 10-Q for its quarter ended September 30, 2023 (a copy of which may be obtained at www.sec.gov and www.sedar.com). Although Zymeworks believes that such forward-looking statements are reasonable, there can be no assurance they will prove to be correct. Investors should not place undue reliance on forward-looking statements. The above assumptions, risks and uncertainties are not exhaustive. Forward-looking statements are made as of the date hereof and, except as may be required by law, Zymeworks undertakes no obligation to update, republish, or revise any forward-looking statements to reflect new information, future events or circumstances, or to reflect the occurrences of unanticipated events.

Contacts:
Investor Inquiries:
Shrinal Inamdar
Director, Investor Relations
(604) 678-1388
ir@zymeworks.com

Media Inquiries:
Diana Papove
Senior Director, Corporate Communications
(604) 678-1388
media@zymeworks.com

GlobeNewswire Distribution ID 9009538

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A steel plate fell on the worker. Purple Line construction site

Bangkok, Another thrill! A steel plate fell on a worker at the Purple Line construction site. Officers assisted and took him to the hospital.

Around 8:50 a.m., there was an incident with rebar at the Purple Line construction site. Taksin Road area Opposite Ngoen Wichit Market, it fell on a worker and seriously injured him. Before volunteering at the Por Tek Tung Foundation Will provide assistance to deliver to Taksin Hospital. The location of the incident is a construction site for the Purple Line. left edge area which occupies approximately 3 traffic lanes. At the scene of the accident, next to the centipede wheel of a large crane, a large amount of blood was found.

Atmosphere at the scene this morning There are officials from the Department of Labor Protection and Welfare. and officials from insurance companies Came to inspect the scene of the incident. With questioning Mr. Cherdsak The crane driver at the time of the incident It was found that all three rebars at the scene fell this time. It is a steel bar that is raised from an underground pipe. to bring it up to store at the top As it is raised above the ground and is beginning to be lowered to be placed on the ground. The fasteners holding the three rebars snapped in mid-air. cause the steel bar to drop In a horizontal direction, it hit the crane's wheels and the rebar sign hit the foreman standing on the side of the vehicle and was injured.

Source: Thai News Agency

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‘Bhoomtham’ confirms that the government is moving forward to solve debt in and outside the system.

Khlong Lat Mayom Floating Market, 'Bhumitham' confirms that the government is trying to solve debt in and outside the system. After a poll revealed that people are asking for debt relief in the system as well. Emphasize that the government emphasizes negotiations - access to state funds. To be able to have a career

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Referring to the case where Super Poll stated that as a New Year's gift, people wanted the government to solve the debt in the system. In addition to resolving informal debt, the government is implementing both in parallel. Regarding resolving debt outside the system, yesterday (23 Dec.) he went to the area in Nan Province. along with the prime minister There was one debtor who was very sympathetic. Because he had borrowed 60,000 baht but had to pay off 4,000 baht of debt per day, the total amount paid was a million baht. which such issue The Prime Minister has ordered the Commander of Provincial Police Region 5 to take care of solving the problem. and take care of safety

However, most debtors are charged interest of 20 percent per day, which is considered high and a problem. The government tries not to talk about old measures. But will talk about new measures. Emphasizing the need for dialogue. to make it better or to have access to government funding sources To be able to have a career which debtors in the system The government is considering how to solve the problem.

Source: Thai News Agency

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“Bhoomtham” has less than a full liter of fuel. Declare that you willfully take advantage and take decisive action.

Khlong Lat Mayom Floating Market,, "Phumitham" strict, not full liter of oil. Insist that the government takes full care of the people. If you intend to take advantage, strict action will be taken.

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Discussing the problem of not filling a full liter of gas, he said that the issue of not having a full liter of gas is related to two ministries: the Ministry of Energy and Ministry of Commerce The Ministry of Commerce is downstream in controlling prices and ensuring accuracy for the citizens. The Ministry of Energy oversees the gas station that is the origin of the matter. Thank you Mr. Peeraphan Saleerathaviphak, Deputy Prime Minister and Minister of Energy. who came out to help coordinate and tell the various pumps to be strict and not create problems for the people

For the Ministry of Commerce We went in to implement measures for a deficiency of more than 1%, which is an international standard in the world. The Director-General of the Department of Internal Trade is to instruct oil traders under Section 7 to be strict, and in the meantime, let the Central Committee of Weights and Measures consider the allowance rate. In order to be as fair to the people as possible. Because we are uncomfortable If fellow citizens are faced with injustice, which has 2 parts: 1. Making allowances according to international standards. Must go and see the dispenser. If it is damaged or dilapidated Must use management power to talk with entrepreneurs more strictly and 2. Regarding the payment head If there is exploitation I will definitely deal with it.

During this period, we look at and coordinate not only oil but many other matters. In the past, the Ministry of Commerce has already gone to investigate. We are careful not to let the little people and merchants get into trouble. Because it may be caused by being old. We try to suggest or invite improvements. But if it is caused by an attempt to violate people's rights Taking advantage of the people will be dealt with strictly. I don't want to cause trouble. We will take care of you as much as possible. The order has already been given to the citizens to be at ease. The Ministry of Energy and the Ministry of Commerce will strictly help take care of and solve the problem as quickly and as much as possible.

Source: Thai News Agency

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The power supply rail fell! Temporarily closed for test runs at all stations. Pink Line

Nonthaburi, Notification of temporary closure of test runs at all stations. MRT Pink Line (During the trial run of the electric train) to fix the cause of the electric power supply rail falling out. Early this morning (Dec. 24) in front of the Royal Irrigation Department market, Tiwanon Road, Nonthaburi Province, for safety and to investigate the cause in detail. Most recently, "Suriya", Minister of Transport, and "Phakaphong Sirikantharamat", Governor of R.F. M. visits the administrative area.

Source: Thai News Agency

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“Pol. Gen. Patcharawat” joins the campaign not to buy, not to hunt, or to trade in wild animals.

Ratchaburi,, "Pol. Gen. Patcharawat" went to survey the wildlife in Chom Bueng District, Ratchaburi Province. The PDRC MPs joined together to draw people to conserve nature, not buy, hunt, or illegally trade wild animals.

24 Dec. 2023, Mr. Atthakorn Sirilatthayakorn, Chachoengsao District 2 MP, Palang Pracharat Party (PPC), revealed that recently Pol. Gen. Patcharawat Wongsuwan, Deputy Prime Minister and Minister Governor of the Ministry of Natural Resources and Environment (Ministry of Natural Resources and Environment) and senior executives of the Ministry Participated in opening the National Wildlife Protection Day 2023 with the concept "Save wildlife for your life: preserve nature, don't buy, don't hunt, don't trade illegal wildlife" in the area of ??Wildlife Rescue Center 3, Khao Prathap Chang, Chom Bueng District, Province. Ratchaburi, with Mrs. Boonying Nitikanchana, Member of Parliament for District 2, Mr. Chatuporn Kamonpanthip, Member of Parliament for District 3 and Mr. Chaithip Kamonphantip, Member of Parliament, District 5, Ratchaburi Province, welcomed us in order to work together with government agencies. In a campaign for people to join in caring for natural resources in the area of ??Ratchaburi Province, which the area said In addition to being another important tourist attraction in the country. It is also an area with natural perfection. It is very important for conservation. Along with campaigning and deterring and repressing offenders in order to preserve the natural balance. Because of wild animal and plant species They are all important to the ecosystem and the well-being of the people.

'Success in wildlife conservation It requires cooperation from all sectors. Both caring for and protecting the habitats of wild animals Protecting wild animals from being hunted and especially Campaign to stop the illegal buying and selling of wild animals. On this matter, the Democrat Party, led by Gen. Prawit Wongsuwan, the party leader, has always seen it as important. To create an ecosystem that must be complete To further develop it into an eco-tourism destination and an important economic source.'

In addition, Police General Patcharawat It has been driven to become an urgent policy at the Ministry of Natural Resources. will carry out crackdowns throughout the country especially the illegal killing of wild animals or protected animals that have natural value Both the public and private sectors must work together to take this matter seriously. To jointly restore Thailand's natural resources. and is sustainable at the same time that the forest is plentiful It will play an important role in absorbing carbon dioxide. that will help reduce global warming and will drive the country's policy Aiming for net zero greenhouse gas emissions. according to Thailand's goals set in the year 2593.

Source: Thai News Agency

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Chonburi beat Muang Thong 2-1, ending a 5-match losing streak.

Bangkok, Chonburi FC won at home against Muang Thong United 2-1, successfully ending a losing streak in the league of 5 consecutive matches.

Football "Revo Thai League 2023/24" big match at Chonburi UTA Stadium yesterday, Chonburi FC met Muangthong United at home, starting 2 minutes in, the locals in blue shirts. They took the lead quickly from a beautiful narrow free kick by Channarong Promsrikaew. However, in the 23rd minute, Jean Claude Bilon scored a header to tie Muangthong to 1-1, but 2 minutes before the end of the first half, Willian Lira followed up and added. The goal gave Chonburi the lead again at 2-1. The second half was unable to score any more goals. The game ended with Chonburi winning at home against Muang Thong 2-1, successfully stopping the losing streak in the league for 5 consecutive matches, collecting 3 points. Having played 14 matches, there were 13 points. Ranked 15th, second lowest, while Muang Thong has played 15 matches with 18 points, at 9th.

Source: Thai News Agency

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Waves break boat, leaving 30 tourists adrift at sea

Pattaya, Pattaya Marine Rescue Team Assisted in rescuing 30 Russian tourists lost at sea After waves hit the catamaran, it broke into two parts in the middle of the Pattaya sea. Officers brought him safely back to shore.

Pattaya Marine Rescue Team along with a water operation kit Hurry to help tourists. After yesterday evening around 6:30 p.m., the Sawangboriboon Foundation Rescue Center in Pattaya received a report of an accident in which a catamaran capsized in the middle of the sea. About 4 nautical miles from the coast, opposite the Jomtien Free Zone, Nong Prue Subdistrict, Bang Lamung District, Chonburi Province, initially found 30 male and female Russian tourists floating in the middle of the sea. So help brought back to shore safely There were 27 Russians and 3 Thai drivers and crew, a total of 30 people (divided into 18 men and 12 women). In addition, 2 Russians, 1 man and 1 woman, were injured from suffocation. hospital transport

Initially, it is known that the catamaran The boat, named Seasboat, has two engines and is taking 27 Russian tourists back from Koh Larn. to come to Pattaya Along the way there were high waves and strong wind gusts. causing the bottom of the boat to hit the waves Until the bottom of the boat breaks And the hull of the boat split into two parts, causing tourists to jump and escape. and clings to ship parts until the coastal area saw an abnormality So hurriedly brought a boat out to help. It took about 10 minutes to reach the victim. and brought back to shore safely. As for the real cause, we have to wait for the police to investigate. of this accident

Upon questioning, Mr. Sompot, age 55, was a boat driver. He said that he drove the boat to pick up all the tourists at Nuan Beach near Koh Larn. They tried to take tourists through the waves to return to the coast. But the waves were so large that they hit the boat and caused the anchors to fall off, causing the boat to sink. Initially, the police have detained the Russian foreign boat driver and boat owner for further questioning. Pattaya City Police Station

Officials salvaged the boat by towing the sunken boat to shore before using three tractors. to pull the wreckage out of the sea Inspection found that there was a large crack under the right side of the boat causing the boat to sink. It took officials a long time to successfully recover the shipwreck from the shore. Yesterday, Pattaya, Koh Larn, was a period of strong waves. Officials have ordered the Pattaya-Koh Larn boat trip to be suspended for 1 hour before allowing sailing to resume normally before the boat capsized.

Source: Thai News Agency

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“Bhumitham” aims to tap the source MPs tomorrow before submitting it to the Cabinet.

Khlong Lat Mayom Floating Market, "Bhoomtham" aims to tap the source of MPs tomorrow before submitting them to the Cabinet, expecting to move forward in the first quarter of next year. Hint: Election 77, recruiting 23 people, is possible. Ready to agree to hold a referendum 3 times if the constitution is passed, rejecting amendments to Section 256, fearing scandals that will pull Cheng.

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce As Chairman of the Committee to Study Guidelines for a Referendum on Amendments to the Constitution Referring to the case where members of the Progressive Party proposed the election of 100% S.R. MPs, he said that the origin of the S.R. MPs is a matter that we have listened to opinions about. And in the past there have been meetings with all sectors. With representatives of various professions participating, they proposed that if they had to go to the polls May not be able to compete with others But it is necessary to have representatives from many professions, including farmers, laborers, disabled people, and various professions. which is seen as a reason worth listening to Even though the election 100% followed democratic principles But it will only make the people in politics successful on one side. Therefore, we are happy to have a constitutional assembly of the people. But whether the mechanism obtained is 100% or not, differences must be taken into account. and consider the few people as well There will be another meeting tomorrow (25 Dec.) and a summary will be presented to the Cabinet for consideration and decision again. It is expected that within the first quarter of January 2024 it should pass the Cabinet. Many matters will be finished and there will be a resolution. If it could be done faster, it might A resolution has been reached and action can be taken within the first quarter of next year.

However, it was seen that the hearing of opinions was still not united. There are still many opinions. But it was seen that the election of 1 person per province for 77 provinces was considered reasonable. As for the professional representatives, we have to look in detail to see how many there are. There may be 23 people, 100 people, or there may be other parts. This is a matter for the directors to inspect and consider appointing. By presenting information to the government, we will present both sides, both the opinion that we want it to be and the opinion that is in conflict. and the committee will have a proposal consisting of

As for the referendum process, is it still confirmed to be 3 times or not? Mr. Phumtham stated that holding 3 referendums is a guarantee that the constitution can be passed without falling apart. But there is a problem that Using a large number of times There is an expense of 3-4 billion baht each time, which if the amount is reduced would be good. Currently studying this matter. and find a way to negotiate with the Election Commission that if it can be combined with the election Provincial Administrative Organization this time The budget will be reduced. It is thought that if this can be reduced, it will reduce costs. But be sure that there will be no adverse effects. and made the drafting of the constitution pass this time. Otherwise, the item will be lost.

Therefore, if it is necessary to go through 3 times and waste a budget of 3-4 billion baht, it is necessary to pay. They will not let money conditions be a constraint. But if done well and costs less It will be the best thing.

As for the proposal to amend Section 256 of the Constitution by holding just one referendum. Will it reduce expenses or not? Mr. Phumtham said he was afraid there would be a problem that he was dragging things down and delaying everything. Which has reasons and can be criticized. So today we will look at all parts. and manage as best you can It will be within the conditions that have been laid out since the Cabinet was formed, that is, it will not touch Category 1 and Category 2 and make it more democratic. And it is a constitution that must be passed. However, within 4 years it must be completed and children's laws must be completed. Ready to re-elect under new rules immediately. Ready to admit that The matter of amending Section 256 of the Constitution may be something that can be done in parallel. Currently, there are many measures to manage this. And after studying, you will have a comprehensive opinion. Let all parties consider and manage in the best way.

Source: Thai News Agency

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“Bhumitham” aims to tap the source MPs tomorrow before submitting it to the Cabinet.

Khlong Lat Mayom Floating Market, "Bhoomtham" aims to tap the source of MPs tomorrow before submitting them to the Cabinet, expecting to move forward in the first quarter of next year. Hint: Election 77, recruiting 23 people, is possible. Ready to agree to hold a referendum 3 times if the constitution is passed, rejecting amendments to Section 256, fearing scandals that will pull Cheng.

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce As Chairman of the Committee to Study Guidelines for a Referendum on Amendments to the Constitution Referring to the case where members of the Progressive Party proposed the election of 100% S.R. MPs, he said that the origin of the S.R. MPs is a matter that we have listened to opinions about. And in the past there have been meetings with all sectors. With representatives of various professions participating, they proposed that if they had to go to the polls May not be able to compete with others But it is necessary to have representatives from many professions, including farmers, laborers, disabled people, and various professions. which is seen as a reason worth listening to Even though the election 100% followed democratic principles But it will only make the people in politics successful on one side. Therefore, we are happy to have a constitutional assembly of the people. But whether the mechanism obtained is 100% or not, differences must be taken into account. and consider the few people as well There will be another meeting tomorrow (25 Dec.) and a summary will be presented to the Cabinet for consideration and decision again. It is expected that within the first quarter of January 2024 it should pass the Cabinet. Many matters will be finished and there will be a resolution. If it could be done faster, it might A resolution has been reached and action can be taken within the first quarter of next year.

However, it was seen that the hearing of opinions was still not united. There are still many opinions. But it was seen that the election of 1 person per province for 77 provinces was considered reasonable. As for the professional representatives, we have to look in detail to see how many there are. There may be 23 people, 100 people, or there may be other parts. This is a matter for the directors to inspect and consider appointing. By presenting information to the government, we will present both sides, both the opinion that we want it to be and the opinion that is in conflict. and the committee will have a proposal consisting of

As for the referendum process, is it still confirmed to be 3 times or not? Mr. Phumtham stated that holding 3 referendums is a guarantee that the constitution can be passed without falling apart. But there is a problem that Using a large number of times There is an expense of 3-4 billion baht each time, which if the amount is reduced would be good. Currently studying this matter. and find a way to negotiate with the Election Commission that if it can be combined with the election Provincial Administrative Organization this time The budget will be reduced. It is thought that if this can be reduced, it will reduce costs. But be sure that there will be no adverse effects. and made the drafting of the constitution pass this time. Otherwise, the item will be lost.

Therefore, if it is necessary to go through 3 times and waste a budget of 3-4 billion baht, it is necessary to pay. They will not let money conditions be a constraint. But if done well and costs less It will be the best thing.

As for the proposal to amend Section 256 of the Constitution by holding just one referendum. Will it reduce expenses or not? Mr. Phumtham said he was afraid there would be a problem that he was dragging things down and delaying everything. Which has reasons and can be criticized. So today we will look at all parts. and manage as best you can It will be within the conditions that have been laid out since the Cabinet was formed, that is, it will not touch Category 1 and Category 2 and make it more democratic. And it is a constitution that must be passed. However, within 4 years it must be completed and children's laws must be completed. Ready to re-elect under new rules immediately. Ready to admit that The matter of amending Section 256 of the Constitution may be something that can be done in parallel. Currently, there are many measures to manage this. And after studying, you will have a comprehensive opinion. Let all parties consider and manage in the best way.

Source: Thai News Agency