pursuing debt collection respectively. The Company has been expanding more online service channels to customers and reduced the Company’s operation cost. As a result, the Cardless transactions currently
September 25, 2019, the Appeal Court has modified decision by ordering the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted
company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person
Company Limited pursuant to Share Pledge Agreement dated 18 May 2017. Conditions for the debt repayment between WPS and the Company The Company and affiliates will repa all of the unpaid debts which are
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
Company will collect an additional 10% of the fee including a post-dated cheque (based on the credit term) for the remaining fees of 80% within November 2019, in order to prevent the risk of debt repayment
higher than the year 2017. Debt to Equity Ratio In 2018, the Company had a ratio of debt to equity was 0.27 times a little lower than the year 2017 having 0.29 times which showed that the proportion of
. Return on financial instruments was Baht 11.15 million mainly from dividend income and gain on investment in debt securities, decreasing by Baht 22.53 million due to the Company had gain on sale of general
Reversal allowance for bad debt and doubtful account - 5.47 Net profit 22.67 25.89 The performance of Absolute Yoga Co., Ltd., the associated company, has improved from the full operation of new studios