Determination of Definitions in Notifications relating to Issuance and Offer for Sale of Debt Securities

) July 14, 2017 After the SSG group, led by SSG Capital Holdings Limited (“SSG CH”) expressed its interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J

Description Unit 2017 2016 2015 1. Liquidity ratio Time 7.59 8.29 1.58 2. Liquidity quick ratio Time 3.13 4.36 0.50 3. Average debt collection time Day 69 57 40 4. Average debt repayment time Day 71 64 63 5

managerial positions, including the Chief Executive Officer (CEO) of the Company. As a result, the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion

, SEC Chief advised that financial institutions and business operators lay out a comprehensive risk management scheme, covering five specific areas of business operation, as follows

17,286 million. Debt to Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio (IBD/E) represented at 1.59 and 1.42, respectively. Yours faithfully, Mr.Chamroon Chinthammit Chief Executive Officer

) and Interest Bearing Debt to Equity Ratio represented at 1.57 and 1.23, respectively. Yours faithfully, Mr.Chamroon Chinthammit Chief Executive Officer and President Khon Kaen Sugar Industry Public

because of bad debt refund in this period. 1.3 Other income in 2018 decreased 4.63 MB or 29.54 %. As a result of bad debt refund in previous year. 1.4 Distribution costs in 2018 increased 2.19 MB or 2.42

Ratio (D/E) and Interest Bearing Debt to Equity Ratio represented at 1.85 and 1.59, respectively. Yours faithfully, Mr.Chamroon Chinthammit Chief Executive Officer and President Khon Kaen Sugar Industry

, L.P. (“SSG III”), and Kendrick Global Limited (“KG”) (collectively referred to as the “SSG Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the