(MD&A) For Q3/2017 12 1. Long-term loan from other parties increased by THB 1,345 million in 2017 for repayment the liabilities under debt restructuring regarding to the major 4 creditors has

Baht 655.42 million respectively. The decreasing in liabilities was mainly due to the settlement of trade creditors. 2.3 Shareholders’ equity As at 31st Dec 2017 and 31st March 2017, shareholders’ equity

subsidiaries so that other creditors obtain a senior position to the debt securities holder covered by the prospectus. (e) prohibition on issuing other types of securities under certain circumstances to prevent

the chance of creditors or other persons entitled to such future income, together with an analytical explanation and legal opinion on such matter; (2) in cases where the mutual fund has a policy to

the right of a trust that is entitled to receive the payment after the common creditors of the originator; (3) statement which indicates that the sukuk holder has admitted to bound upon the substance of

credit term from 45 days to 60 days, which helped the Company reduce usage of short-term loans to pay trade creditors. The Company’s short-term loan, therefore, decreased by THB 19.40 million (-6.02

in case the assets of the REIT are insufficient for repayment of debt to the trustee, a REIT manager or the creditors of the REIT. In this regard, the trustee, the REIT manager and the creditors of the

person incorporated under specific law. “subordinated bond” means an unsecured bond where the rights of the bondholders are prescribed to be subordinate to those of the ordinary creditors; “terms and

creditors; "terms and conditions" means the provisions governing the rights and obligations of the issuer and holder of bonds; "financial advisors" means the financial advisors that are on the list approved

securities as follows: (1) bond; (2) corporate bond. “subordinated bond” means unsecured bond wherein the rights of the bondholders are prescribed to be subordinate to those of ordinary creditors; “terms and