cash equivalents increased from the exercise of rights to convert warrants to ordinary shares for the period, trade and other receivables decreased from repayment from foreign customers, other current

. The Company has drawdown loan for acquisition of subsidiary shares in 2Q’18 causing rising debt level at the end of December 2018 and subsequently paid down loan from its operating cash flow and

Co., Ltd.) and sales of condominium units in Hat Yai amounted to Baht 27.28 million, which began in Q4. Currently, the Company has three property development projects: • Lamphun Industrial Estate

, temporary investment fund, accounts receivable, inventory, property, plant and equipment and also the investment in associates. 2. Total Liabilities and Shareholder’s Equity Statement of Financial Position 30

เปนมาและพัฒนาการที่สําคัญ B. Business overview ภาพรวมการประกอบธุรกิจ C. Organization Structure โครงสรางบริษัท D. Property, Plants and Equipment ทรัพยสินท่ีใชในการประกอบธุรกิจ V. OPERATING AND

UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV)  Net debt to equity ratio as

million Baht; decreasing by 49% as compared to the same period last year of 2,132 million Baht. The details are as follows: I Property Business: the Company will be able to record the revenue from sales of

% of total revenue); decreased by 45% as compared to Q1 2018 of 211 million Baht, comprising of: (1) gross profit from property business of 9 million Baht (14.5% of total revenues from property business

conversion scheme in according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts

-to-equity conversion scheme in according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay