projects. The project detail is as followed: 1.) To repay the short-term liabilities and some portion of account payables as follow: 1.1) Some portion of not-related account payables of THB 30 mn 1.2) Short

mainly from the Company divested some investment units to repay loan from financial institutions and debentures. 2. Decrease in short-term loans to related parties of THB 451.3 mm, mainly from the loan

company’s ability to repay its debts.

percent per annum, totaling THB 347,072,000 (loan amount plus interest), with the term of loan for 6 months with an extension right for another 6 months, under the conditions that JAS is required to repay

that JAS is required to repay the Company an interest once every quarter. The interest rate which the Company agreed with JAS to pay is an interest rate at the fixed deposit interest rate of 12 months

Company was able to repay loans during the period. Apart from that, the capital increase from the fund of Apollo had resulted in the ability to terminate the outstanding debts to financial institutions as

, representing the company’s ability to repay its debts.

, which was mainly from the Company divested some investment units to repay loan from financial institutions and debentures. 2. Decrease in short-term loans to related parties of THB 401.1 mm, mainly from

renovation. Liquidity was maintained at healthy level with current ratio over 1, while capital structure was at optimal level with excellent ability to repay debt. 31-Dec-17 31-Dec-16 Chg Profitability ratio

that will mature in 2020, which the Company can issue the replacement debentures or use a working capital to repay those debentures. Shareholders’ Equity As of February 29, 2020, total shareholders