, to the Stock Exchange of Thailand (the “SET”), as follows: 1. It was approved to purchase and accept the entire business transfer by a subsidiary which to be newly established by the Company ( the

Exchange of Thailand (the “SET”), the details shall contain at least the List (1) of the Acquisition and Disposal Rule; (2) To appoint an independent financial advisor to provide an opinion as required under

disclose the information memorandum of such transaction to the Stock Exchange of Thailand (the “SET”), the details shall contain at least the List (1) of the Acquisition and Disposal Rule; (2) To appoint an

วัดผลการด าเนินงานของกองทุน คือ ดัชนีผลตอบแทนรวมตลาดหลักทรัพย์แห่งประเทศ ไทย (SET TRI) 100% บริษัทจัดการขอสงวนสิทธิที่จะเปลี่ยนแปลงตัวชี้วัดในการเปรียบเทียบตามที่บริษัทจัดการเห็นควรและ เหมาะสม ซึ่งอยู่ภาย

ANALYSIS AND FUNDING ADIQUACY For the first 9 months of 2019, the company had beginning cash and cash equivalents of 578.21 million Baht, whereby during the financial period, net cash was decreased by 526.16

December 31, 2019 and 2018 were THB 7 million and THB 275 million, respectively, a decrease of THB 268 million or 97.5% led by the restructuring of funding sources according to liquidity management plan in

PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2019 7 8. LIQUIDITY ANALYSIS AND FUNDING ADIQUACY In 2019, the company had beginning cash and cash equivalents of 578.21 million Baht

capital is increased by 50 million THB for issuing 100 million shares at the price of 0.50 Baht to the existing shareholders. Funding Structure D/E ratio of the Company is at 1.91, and 1.23 for the yearend

าตวัผูเ้สยีภาษี 0107560000184 เว็บไซต ์http://www.icns.co.th Funding Structure D/E ratio of the Company is at 1.91, and 0.67 for the yearend 2016 and at the end of Q3/2017 respectively.

at 155.06 million THB. Funding Structure D/E ratio of the Company is at 1.91, and 0.96 for the yearend 2016 and 2017 respectively.