had bought, could still generate cash flow from debt collection as targeted. In 2019, the collected cash flow was 3,204 million Baht, increased from the previous year by 33.5%. In 2020, the condition of
during this period as well. 7. Increase in non-current assets held for sale of THB 2,229.6 mm due to the reclassification of assets, which will be sold to WHART and HREIT as mentioned above. 74,783.6
ANALYSIS FOR Q3/2017 7 9. Key Financial Ratios Key Financial Ratios As of 30 Sep 2016 As of 30 Sep 2017 Liquidity Ratio Current ratio (time) 0.30 0.52 Quick ratio (time) 0.29 0.49 Cash flow ratio (time) 0.74
improvement from 0.55 times at the end of last year. Current ratio as at the same date and period stood at 2.47 times SIGNIFICANT EVENTS 7 January 2019: Vienna International Hotelmanagement AG (VI) acquired 100
project after its construction completed and began the units transferred. Of which, the short-term loan (including the current portion of long-term loans and debentures) decreased by THB 562.9mn and the
Company has invested more in the investment properties during this period as well. 8. Increase in non-current assets held for sale of THB 1,148.7 mm due to the reclassification of assets, which will be
issued ordinary shares of the Company was adjusted to be THB 13.333 per share. The Company views that the current exercise ratio of the Warrants may make it confused for the Warrant holders to exercise the
exercise price for the purchase of the newly issued ordinary shares of the Company was adjusted to be THB 13.3333 per share. The Company views that the current exercise ratio of the Warrants may make it
follow: • Gain net cash flow from operating activities of Baht 2,453 million • Net cash used in investing activities of Baht 3,288 million which mainly used in the payment of construction for Baht 2,195
million baht. Additionally, as of September 30th, 2017, the Company had debt to equity ratio (D/E ratio) at 0.36 times. Cash Flow According to the consolidated financial statement as of September 30th, 2017