revenue and the reasonable market price.) Shareholding structure after the completion of shares selling: 1) UBM Hotels holds shares in proportion of 50 percent 2) VI holds shares in proportion of 50 percent

share, to be allocated to the existing shareholders in proportion to their shareholding (right offering) not more than 14,353,496,882 shares and reserved for the exercise of warrants (MORE-W3) at the

high liquidity. The debt to equity ratio of the Group was at 0.11 times, the proportion of the liabilities was low.

-term loan. Whereas the Company’s shareholder’s equity stood at 943.0 million Baht, slightly decrease from the end of 2018. The Company’s debt to equity ratio was 1.61 times while the interest bearing

liabilities) of the Group was at 9.9 times which decreased from the end of the prior year but it was high liquidity. The debt to equity ratio of the Group was at 0.12 times, the proportion of the liabilities

54.2%. If calculating the proportion of gross profit for the non-performing debt management business, the gross profit margin stood at 59.4 percent. Administrative Expenses The Company had administrative

increased from the end of the prior year. It was high liquidity. And the debt to equity ratio of the Group was at 0.08 times, the proportion of the liabilities was low.

was as a result of the proportion of high margin revenues increase such as revenues from collection of purchased accounts receivables. Administrative Expenses The Company had administrative expenses for

to current liabilities) of the Group was at 9.9 times which decreased from the end of the prior year but it was high liquidity. The debt to equity ratio of the Group was at 0.12 times, the proportion

impose any collateral Page 8 of 17 conditions which causes the shareholding percentage in Prospect REIT Management less than the proportion as set forth and/or result in losing control of Prospect REIT