still not generate an income to the Company as it is still unable to find an appropriate public utility project. The necessity of the increase capital is that the proceeds will be an initial working
from subsidiary to 98.31% from 53.93%. The acquisition proceeds of THB 419.40 million were higher than the book value of net assets for the amount of THB. 343.72 million. This amount was deducted in
Acquired 43,649,997 newly increasing ordinary shares of WCIH at the par value (Baht 10 per share) or Baht 436,499,970. 6. Expected Benefits Benefits to WCIH: • Lessen the burden of WCIH by using the proceeds
Benefits Benefits to WCIH: • Lessen the burden of WCIH by using the proceeds to support its debt and interest repayment approximate Baht 229 million. • To support working capital of WCIH approximate Baht 52
approximately Baht 1,349 million, and the Company will use the proceeds received from the transaction to repay the short-term debts of the Company, which are the bills of exchange and the promissory notes, and
from subsidiary to 98.31% from 53.93%. The acquisition proceeds of THB 419.40 million were higher than the book value of net assets for the amount of THB. 343.72 million. This amount was deducted in
institutions and short-term loans of approximately Baht 1,338.36 million, and the Company will use the proceeds received from the transaction to repay the short-term debts of the Company, which are the
area by 54.15%. This year, MK group realized gain from sales of investment properties for an amount of THB 79. 62 million. The proceeds from sales were used for investment in wellness business. This was
its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s
held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS