decreased by 67.18 million Baht or 121.69%, according to the lower debt balance and exchange gain/loss on loans. For your information. Respectfully Yours, Mr. Pawat Vitoorapakorn Chief Executive Officer

58.84 million to THB 55.31 million due to the reversal of provision for doubtful debt THB 4.71 million in quarter 2. T.662 636 6999 F.662 646 4200

monitor the debt collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of the third quarter of 2019, the Company had

1,096.47 -52.98 4.61- 128.52- 10.49- Change +/(-) Unit : million baht • Assets and Liabilities of Q3/19 is reduced because of normal payment for the debt of the company. Please be informed accordingly, Yours

amount as of December 31, 2019 by Baht 39.94 million, or an decrease of 2.61 percent, resulting from debt management of the Company and its subsidiaries. Shareholder’s Equity As of March 31, 2020

cost was as a result of allowance for doubtful debt of THB 5.495 million because of the introduction of accounting standard TFRS 9 at to company at beginning of this year. As of 31 March ,2020 the

13.25 million. The Company has already set an allowance for loss of such bad debt. However, the Company has adopted the Thai Financial Reporting Standard - Group of Financial Instruments (TFRS 9) which

cooling industry systems from cost-effective management. Other Income Other income is income from other business operations of the Company such as interest income and bad debt, etc. In the second quarter of

, WARRANT, Connected Transaction, Increase the number of directors 10/11/2020 17:55 Determine EGM, Capital Increase PP, RO, Debt to Equity Conversion, Connected Transaction, Whitewash (Edit Headline, Template

July 2020, the company has used the power of the Board of Director to reallocate THB 20 Million from Establish Subsidiary in Canada to Debt repayment purpose. Resulting in 50.59% reduction in liability