5 Despite receiving assistance from the Mahachai Group in terms of working capital for its operation in the past, the Company is still unable to secure adequate funding to repay a large amount of
to secure adequate funding to repay a large amount of outstanding trade debt, especially the trade debt owed to Cargill International Trading Pte. Ltd. (“Cargill”) in the amount of USD 105 million
necessary acts for the Shares Purchase Transaction and the tender offer for the entire securities of GLOW. 2. The Board of Directors approved the Company to secure a short-term loan (a loan with the term of
and necessary acts for the Shares Purchase Transaction and the tender offer for the entire securities of GLOW. 2. The Board of Directors approved the Company to secure a short-term loan (a loan with the
collect 97.2 Baht, which another 2.8 Baht shall be one overdue payment. Revenue from the write-off of non-performing loans steadily increased in which J Fintech had the amount of debt collection increasing
±% Service business -Current -Overdue – Less than or up to 3 months -Over 3 months up to 6 months -Over 6 months up to 12 months - Over 12 months 27,003 10,698 198 291 699 21,803 10,156 284 7 638 +23.85 +5.34
-Overdue -Less than or up to 3 months -Over 3 months up to 6 months -Over 6 months up to 12 months -Over 12 months 20,175 10,195 161 62 949 19,401 12,454 101 74 766 +4.0 -18.1 +59.4 -16.2 +23.9 Total Less
Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments