Product Company Limited”) - Short – term loans from and accrued interest – related company decreased by 40 MB due to the subsidiary repay debt to the related company 40 MB. - Other current liability

. ▪ The THB 83.64-million-reversal of doubtful debt recorded in 2018 came mainly from the repayment of a fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also

previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018

the company’s liquidity to payment on short-term liability was still high. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.86 times and 0.24 times, consequently

and good quality of cash collection which will be fully amortized in late of Q2/2019. As according to the business plan of amortization of non-performing debt management, after fully amortized, the

cash flow for debt repayment and business operation, as the Company has continuous Enclosure Page 4 loss. Thus, the Company considers the business restructure of the Company’s group, whereby the Company

increased corporate tax liability, despite a lower finance cost. This resulted in basic earnings per share of Bt1.15 for the second quarter of 2017 and Bt2.28 for the first six-month period of 2017. Total

. Muengloei-Ram has project to increase ordinary shares 500 million baht and sells to the shareholder by proportion. Muengloei-Ram will bring this fund to pay off the debt to Ramkhamhaeng 205 million baht and

from the repayment of fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also repayment under the rehabilitation plan of Gateway Estate Co., Ltd. to MDX for

for the non-current asset and others assets 0.8 MB  Liabilities As of December 31, 2018, the Company and its subsidiaries had a total liability of 311.4 MB decreased 130.7 MB from December 31, 2017 and