Spring26’s License, the Company expects to gain the benefits as follows: (7.1) Compensation as a result of this request for the License return shall reduce debt burdens of the Company; enabling it to repay
Carnival Magic Project is a theme park, which is in the tourism and leisure business sector and the same business of the existing group companies. Therefore, this transaction shall enhance and strengthen the
impact on shareholders’ benefits. If the Company drawdowns loan from financial institution, debt to equity ratio will be increased to 0.67 time. This is to support financial liquidity of the Company
addition, the capital increase will lead to more working capital and at the same time the financial position and the debt structure of the Company will be more reasonable. 4.4 Impacts on business, financial
redemption of debentures. In addition, the capital increase will lead to more working capital and at the same time the financial position and the debt structure of the Company will be more reasonable. 4.4
of loans taken by a project company in USD is aligned with incomes earned in the same currency, which naturally restricts the exchange rate risk of commercially operational projects; and 2) Use of
increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the
Page 4/22 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused
Company’s Performance Dated December 31, 2019 (Unit : Baht) Asset 6,425,974.15 Debt 156,505.68 Equity 6,269,468.47 Revenue 11,441.97 Expense 741,973.47 Net Loss 730,531.53 4. Type of transaction The