Institutions Act B.E. 2546 Amendment (No.2) B.E. 2550 requires that a private higher education institution, in this case is Western University (Subsidiary) shall allocate its annual excess revenues over expenses
from the company business. In addition, the Company also had loan from financial institution in the year 2018 amounting to 12.00 THB mn. The non-current liability included lease liability, deferred
activities was 54.3 MB decreased 56.6 MB when compare with Q2/2018 due to the decrease of the financial institution in short-term loans by 102.2 MB and dividend payment of 45.6 MB. The company’s strategy for
able to achieve higher collection efficiency and cost control management. The Company purchased bad debt from financial institution in Q1/2018 1,017 million Baht. The Company’s Interest Bearing Debt
increased by 0.94 million baht or considered increased by 45.24% from the same period of 2017. This mainly came from an increased in short-term loan from financial institution that was occurred in first
credit line from financial institution in amounts of 150 million baht, totally 300 million baht, there has no impact to shareholders. 4. Total value of consideration Budget of investment Project for
44.76 million baht from prior period. Due to an increased in short-term loan from financial institution in the amount of 50.00 million baht with an objective to pay dividend to shareholders in order to
the objectives using budgets ) it is 134.74 Million Baht, loan from financial institution in apprioximately 265 Million Baht and working capital in amounts of 25.26 Million Baht. This is to support
institution in apprioximately 265 Million Baht and working capital in amounts of 25.26 Million Baht. This is to support financial liquidity of the Company. However, if the company is not allowed for changing
financial institution in the amount of THB 7.8 million (3) dividend payment in the amount of THB 343 million. -5- Please be informed and the Financial Statements is attached herewith for your acknowledgement