was due to our higher requirements for funding from financial institutions for the purpose of liquidity and vertical integrated business expansions. The Group ended up having interest-bearing debts of

Pte. Limited, the Company’s subsidiary, had signed loan agreement and other related financial agreements with financial institutions. The total loan amount is USD 222 million for the period of 20 years

loans from financial institutions 1,328 1,047 +27% Trade payables 473 323 +46% Current portion of long-term liabilities 128 7 +1718% Current portion of liabilities under financial lease agreements 40 33

several financial institutions. A summary of the key operational matters and events for the 2nd Quarter 2020 Financial Highlights 2Q 2020 2Q 2019 Change 6M 2020 6M 2019 Change THB million % Sales THB

though, the business was not able to operate as normal due to the announcement to temporary close educational institutions from the Ministry of Education from COVID-19 pandemic causing the closure of

creditors under other laws. The amendment makes it clearer that 3 upon registration of business security, financial institutions which receive collateral are also deemed secured creditors under the bankruptcy

and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund

front, the lower employment rate and high household debt causing most of the financial institutions to offload their NPLs and NPAs for asset management companies (AMCs) to manage further. The competition

assets 5,128,106 67% 4,683,515 73% 2,992,758 74% 2,881,794 76% Total assets 7,622,142 100% 6,385,430 100% 4,069,930 100% 3,802,026 100% Bank overdrafts and short-term loans from financial institutions

and draft prospectus Amount percent 3. Repayment of loans to financial institutions 50 50 50 - 2018 4. Working capital for business operations 637.24 637.24 368.34 - 2018-2020 Newly – approved of