sharp decline in industry- wide IPA spreads which has led to a negative EBITDA contribution from this product. As part of our currently ongoing broader long-term strategy review, we are reviewing our

brought by additional staff and rental expenses for new branches. The proportion of selling expenses to total revenue for 2018 and 2017 were 30.77% and 30.94% respectively. Café staff cost per total revenue

land owned by Mo Chit Land from mortgage with the financial institute prior to the Sale Shares transfer. Percentage of Shareholding by the Company After Share Disposal : None The Board of Directors had

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.