approximately Baht 1,349 million, and the Company will use the proceeds received from the transaction to repay the short-term debts of the Company, which are the bills of exchange and the promissory notes, and

from subsidiary to 98.31% from 53.93%. The acquisition proceeds of THB 419.40 million were higher than the book value of net assets for the amount of THB. 343.72 million. This amount was deducted in

institutions and short-term loans of approximately Baht 1,338.36 million, and the Company will use the proceeds received from the transaction to repay the short-term debts of the Company, which are the

area by 54.15%. This year, MK group realized gain from sales of investment properties for an amount of THB 79. 62 million. The proceeds from sales were used for investment in wellness business. This was

its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s

held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS

has various sources of fund such as fund remaining for utilization of the proceeds derived from the capital increase, working capital, cash from the operating result that would normally be received from

period of last year, which decreased in accordance with the decrease in loans from financial institutions since the company used a part of the proceeds from the initial public offering of ordinary shares

ทัง้มาตรฐานหรือวิธีการรบัรองอื่นใดท่ีใชอ้า้งอิง ในการคดัเลือกโครงการท่ีจะ น าเงินไปใช ้(ตามที่ระบใุนหวัขอ้ “วตัถปุระสงคก์ารใชเ้งิน”) (3) การบริหารจัดการเงินทีไ่ด้จากการระดมทุน (management of proceeds

more effective, and resulting in better return on investment to the Company’s shareholders. 9. Source of Funding The Company will use the proceeds from the issuance and allocation of 1,080,000,000 newly