1,090 million will mature in June 2021. The proceeds will be used to repay long-term debt from financial institution of THB 1,800 million, leaving the remainder on purpose of working capital utilization
1,800 million, leaving the remainder on purpose of working capital utilization which will increase liquidity of the Group as reflected in better liquidity ratio of 0.83 times, up from 0.67 times as of 31
respectively. The increased of financial costs of THB 48 million resulted from the Company had a short-term loan for purpose of increasing working capital commencing in 4th Quarter of 2017. Loss from exchange
of THB 331mn, being partially offset by (i) non-cash reconciling items of THB 451mn and (ii) changes in net working capital of THB 548mn. After deducting cash paid for interest expenses of THB 635mn
working capital with the total amount of 205 million Baht. 7 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini
million resulted from the Company had a short-term loan for purpose of increasing working capital commencing in 4th Quarter of 2017. Gain from exchange rate The Company had recorded gain from exchange
operating activities was THB 451mn. This was derived from loss before tax of THB 649mn, being partially offset by (i) non-cash reconciling items of THB 1,202mn and (ii) changes in net working capital of THB
received from this disposing of Subsidiary’s ordinary shares, the Company will use as working capital. 10. Conditions for the entering into the transaction This entering into the transaction is considered as
the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four (4) land plots located in Bangpongpang sub-district