cash flow for debt repayment and business operation, as the Company has continuous Enclosure Page 4 loss. Thus, the Company considers the business restructure of the Company’s group, whereby the Company
methodologies which are internationally accepted. The Page 8 of 9 Company has considered that the discounted cash flow methodology is the most appropriate methodology of valuation for the Transaction. 6.2 Payment
development projects that aligns to the cash flow of The Company. MahaSamutr Project: The construction of MahaSamutr project – villas are 99% completed. The Company has managed to transfer a total of 5 villas
develop and transfer the remaining units within the next 1-2 years. Moreover, it is in the interest of The Company in pursuing with property development projects that aligns to the cash flow of The Company
the condition of the decrease of income. In addition, the company is better aware during times of crisis. Cash flow in operations is important to business operations. The Company has negotiated with
transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the business operation, as the Company has continuous accumulated loss. Thus, the Company
2016 to Bt6,576 million as of December 31, 2017; short-term debt as well as the long term loan decreased due to increased cash flow from operations and as the Company repaid the long-term loan in advance
debt increased for working capital, while the long-term loan decreased due to increased cash flow from operations and as the Company repaid long-term loans in advance. As of June 30, 2018, Net Interest
shall be benefit to the Company to receive cash flow faster than expected. In this regard, after the disposition of such assets, the Company has 4 real estate projects namely Nimit Langsuan, Windshell