tourism pany, and ion airtime the listed . 20/2551 ssets and the Notif and Othe (“Notifica to the To The outc Septemb month pe transactio Products Company transactio Consider according be a sub Regulatio

the Company’s business , loan from financial institutions, etc. The Company will consider the appropriate sources of fund. 10. Mutual Benefits or related party transactions The Company has no mutual

for the Securities and Exchange Commision to consider granting the license, in which case the Securities and Exchange Commission shall complete the consideration process within one hundred and twenty

Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 31 Mar 2017 As of 31 Mar 2018 Liquidity Ratio Current ratio (time) 0.38 0.56 Profitability Ratio(1) Gross profit

% of total assets. - Accounts Receivable As of November 30, 2019, the Company has gross accounts receivable of 89,826 million baht (both current assets and non-current assets), increasing 9% from as of

during this period as well. 6. Increase in non-current assets held for sale of THB 2,229.6 mm due to the reclassification of assets, which will be sold to WHART and HREIT as mentioned above. 74,783.6

the outstanding Director’s Loan to Mr. Pongsan Leelaprad in the current amount of THB 274,845,041.23 (which is the outstanding amount at the disclosure date of this Information Memorandum), or any

liabilities were short-term loans from financial institutions of 1,130 Million Baht, short-term loans from other parties of 2,099 Million Baht, current portion of long-term loans from financial institutions of

, current portion of long-term loans from financial institutions of 8,375 Million Baht, long-term loans from financial institutions (net) of 1,963 Million Baht, current portion of debentures of 3,817 Million

0.93 30,652 84.68 44,447 136.44 - - 32,921 1.34 - - 29,942 0.86 - - 2,979 9.95 4. Gain from disposed non-current asset - - 156,570 6.36 - - - - - - 156,570 100.00 - - 18,236 0.74 - - 10,873 0.31