arrange of the shareholders’ meeting in order to request for an approval of such transaction. Comparison criteria of Value of Consideration Transaction Value = Total Value of Consideration received x 100

risks. In this regard, such risks include completion risks (if any). Clause 24 The REIT manager shall arrange unit holders’ meeting in accordance with the trust instrument. 7 Clause 25 When there is a

the business (Form 247-7) and a copy of the notice of the shareholders’ meeting; and (2) Arrange for the written request for resolution of the shareholders’ meeting of the business (Form 247-7

paragraph, the mutual fund management company shall arrange for the mutual fund supervisor to examine and certify in writing that such transaction is in accordance with normal commercial practice similar to

December 2017. The Company gives 90 days credit terms to customers. The average credit terms paid by customers was 77 days as of 31 December 2018 and 69 days as of 31 December 2017. AGEING OF TRADE

Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

was in-line with higher sales in 1Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful

. Administrative expenses decreased by Baht 5.37 million due to: ➢ In 2017, The Company regained bad debt amounting to Baht 3.41 million. ➢ Front end fee for credit decreased by Baht 2. 55 million because Q1/2017

88mn. The increase was in-line with higher sales in 2Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for

sale of Ratchaburi Electricity Generating Company Limited, a subsidiary, in the amount of Baht 322.82 million due to the increase in Base Availability Credit in 2017 comparing to 2016, as specified in