provide projected / forecasted financial statements which is merely optional, the issuer shall properly state the reasonable assumptions, including explanation of calculation methods on setting up such

earnings of the issuer. 14 In case the issuer would like to provide projected / forecasted financial statements which is merely optional, the issuer shall properly state the reasonable assumptions, including

net loss is only 61.94 Million Baht from business operation and the less are loss from impairment of asset, reduction on value of products and provision projected potential loss on projection hand of

2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic

projected. • Redemption of debenture in January 2020 in the amount of THB 300 million • Repayment of short-term borrowings from related parties in the amount of THB 20.85 million. Shareholders’ Equity As of

underwriters or selling security holders. - 18 - G. Reasons for the Offer and Use of Proceeds 1. The prospectus shall disclose the following: a. Estimated net amount and percentage of the proceeds broken down

with growth higher than the Bank in-house research forecasted of 8.0%. The number of new car sales for the first 11 months of 2017 totaled 767,345 units, a growth of 12.5% with the growth for the

showed continuous recovery with growth higher than the Bank in- house research forecasted of 8.0%. The number of new car sales for total year 2017 totaled 871,647 units, a growth of 13.4% with the growth

earnings of the issuer. In case the issuer would like to provide projected / forecasted financial statements which is merely optional, the issuer shall properly state the reasonable assumptions, including

revenue and profit margin from such project with lower production cost than projected. • Decrease in Deposit from Customers in the amount of THB 51.23 million resulting from receiving payment from customers