assessed using the discounted cash flow (DCF) method, which ranges from THB 1.71 to THB 2.07 per share, or 35.67–46.90 percent below fair value. In addition, the disposal of KTMS shares at this time

from DAOLS’ failure to exercise due care and diligence in protecting the interests of the bondholders, including failing to verify existing encumbrances on the condominium units serving as collateral

bondholders’ representative for All Inspire Development Public Company Limited (“ALL”), failed to verify the debt obligations on the condominium units provided as collateral prior to the registration of such

disclosed to the SET. Enclosure Page 5 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and requires cash flow for debt

requires cash flow for debt repayment and for business operation, because the Company, in the past, has continuous loss in operating results. Thus, the Company considers the business restructuring of the

is consisting of Bank deposit pledged as collateral decreased amount of 0.83 million Baht or 26.95%. Investments in associated companies decreased amount of 8.53 million Baht or 5.15%. Investment

pledged as collateral decreased amount of 2.42 million Baht or 78.57%. Investments in associated companies decreased amount of 3.69 million Baht or 2.23%. Investment property increased amount of 2.27

: 2.1 Withdraw by the order of the client; 2.2 Withdraw for the client; 2.3 Withdraw assets in accordance with sell order; 2.4 Withdraw assets for securities lending; 2.5 Withdraw assets for collateral

accordance with sell order; 2.4 Withdraw assets for securities lending; 2.5 Withdraw assets for collateral pledged with the fund’s counter parties; Transferring of money or assets for other objectives other

million baht or 1.85 percent. Cash Flow The net cash flow at the beginning of the period of 9M19 amounted to 21.20 million baht. The Company booked the net cash flow from operating at 42.00 million baht and