(MACO-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
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net loss is only 61.94 Million Baht from business operation and the less are loss from impairment of asset, reduction on value of products and provision projected potential loss on projection hand of
2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic
projected. • Redemption of debenture in January 2020 in the amount of THB 300 million • Repayment of short-term borrowings from related parties in the amount of THB 20.85 million. Shareholders’ Equity As of
financing activities in an amount of 28 million Baht which was the dividend payout. Therefore, regarding the operations in 2016, the Company estimated that the settlement risk is in the low level because the
healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.10 times. 2018 Outlook Maintain 2018 forecast, yet adjust down new hotels opening • Despite Boat
to adjust the cost. Payment, will be on 2019 after the board approves. Opinion of Board of Directors including Audit Committee The Board of Director’s meeting, where there was no directors who have