operating and administrative expense was mainly from the Company’s plan to adjust the Back Office Operation through the Shared Service Center and improve debt collection system. As a result, personal expense
increasing of incentives for outsourced debt collector and one-time write off for terminated system. - Expected Credit Loss (ECL) The Bank of Thailand (BOT) increased the minimum credit card payment rate from
within one year. Due to The Company needed to use loan for working capital and requested to extend the loan 100 Million Baht as the following details: 1. Date of transaction occurs : 1 January - 31
outstanding loan of 60 million baht. Due to The Company needed to use loan for working capital and requested to extend the loan 60 Million Baht as the following details: 1. Date of transaction occurs : 1
working capital within the Company. This transaction does not have any negative impact to the Company. - Calculation method : The transaction of above are considered the disposal of assets. According to the
at 30 September 2019 Outstanding loans 26.90 Million Baht due to The Company needed to use loan for working capital 3.1.2 Financial assistance from Advantage Footwear Company Limited at the total
: 50,000,000 Baht Interest Rate : 7 % per year 2 Term of Loan : 2 year Payment of Interest : Every Month Payment of Principal : Due date of payment on contract Collateral : None 4) Objective Working Capital for
: Every Month Payment of Principal : Due date of payment on contract Collateral : None 4) Objective Working Capital for development of projects. 1.2 The Loan amount of 100,000,000 baht for 2 year (Due date