of the above, the interesting bearing debt-to-equity ratio of shareholders and the debt-to-equity ratio of shareholders increased from 0.41:1 to 0.44:1 and from 0.64:1 to 0.70:1 as of 31st December

by IPO which mention above. Please be informed accordingly. Sincerely yours, (Mr. Chung Sik Hong) Chief Executive Officer

million THB. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.41:1 to 0.51:1 and from 0.64:1 to 0.71:1 as of 31st December 2018

* above net values are based on the reviewed financial statements as at June 30, 2019, the actual transaction amount will be the net value as stated in its latest financial statements at the date of the

. Assessor : The Valuation & Consultants Company Limited Method of Valuation : Market Comparison Approach Date of Valuation : 17 May 2019 6. Transaction Volume 6.1 The above transaction is conformed to related

institutions. Total Shareholders’ Equity was Baht 1,363.25 million, increased Baht 59.22 million or 4.54%, resulting from business performance and dividend payment. From above Statements of Financial Position, D

operations % 30.81 32.09 (1.28) 38.42 38.89 (0.47) For the three-month period ended 30 June 2 0 1 9 , due to the revenue from the hotel operations that has been reduced as mentioned above, gross profit from

to net profit of Baht 702 million in 1H 2018. Similar to the above reasons for Q2, the profit is effected by unrealized loss on foreign currency exchange rate and non-recurring expenses such as the

and Ten Million Baht) Note: The above 5 Promissory Notes can be revolving but total tenor is no more than 1 year. ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะเด่ือ อ.กระทุ่มแบน จ.สมุทรสาคร 74110 Tel. (66

expenses more than TH 10 million also enhance its debt service ability. Above all, UWC mitigated risk from carrying successive losses of overall performance of Power Plant business caused by less productive