proceeds from short-term loans to related parties as the result of loan repayment from the joint venture. However the Company had the increase of payments of investments in associates. 3. Cash flows from
used in Investment Activities amounted to 299.29 million Baht. This was mainly due to the investment in property, plant and equipment as well as advance payments for construction in an amount of 418.40
million up by THB 845 million or 87.8% in the corresponding period last year. The considerable rise was due to increase in major expenses including (1) employee’s remuneration package and rental payments in
of investment in subsidiary exceed identifiable net assets of the acquiree of THB 282mn from acquisition in COMASS by MACO, 2) advance payment for investment in PBSB of THB 106mn, 3) advance payments
485.52 million Baht. This was mainly due to the investment in property, plant and equipment as well as advance payments for construction in an amount of 450.50 million Baht, mainly for Prasae-Nongplalai
or payments in accordance with the regulations prescribed by the Bank of Thailand; (3) having sufficient networks and channels for providing services or communication which is able to reach a wide
Finance more than 50% of the total number of voting rights; (2) being able to provide money services on deposits, withdrawals, transfers or payments in accordance with the regulations prescribed by the Bank
of money used in investment is immaterial compared to the deposited amount; (9) terms and conditions of the client’s payments and settlements indicate an attempt to avoid conducting transactions
investment, or even when an order is made, the amount of money used in investment is immaterial compared to the deposited amount; (9) terms and conditions of the client’s payments and settlements indicate an