the Bank’s well mixed of capital structure to be even stronger. As of September 30, 2019, total capital adequacy ratio, Common Equity Tier 1 capital adequacy ratio and Tier 1 capital adequacy ratio of

investors (II), venture capital funds (VC), private equity funds (PE), ultra high net worth investors (UHNW)22, as well as retail investors with some investment limit. • Retail investors should be allowed to

Weighted Average Cost of Capital (WACC) WACC Formula: WACC = E/V * Ke + Kd * (1 + Tc) = wd rd + we re Where; Ke = Cost of equity Kd = Cost of Debt E = Equity D = Interest bearing debt V = E+D Tc = Corporate

THB 100.90 million and the rise of debentures about THB 269.85 million for use as working capital. Shareholders’ equity As at 30 June 2019, the Company and its subsidiaries had total shareholders

30 September 2019 of THB 1,5 76.86 million, an increase of THB 379.72 million or 31.72% which consist of the rise of debentures about THB 400.53 million for use as working capital. Shareholders’ equity

capital. Shareholders’ equity As at 31 December 2019, the Company and its subsidiaries had total shareholders’ equity of THB 2,215.07 million, an increase of THB 161.01 million. The increase was due to the

requirement and additional capital conservation buffer) of 11% for total capital ratio, 8.5% for Tier 1 capital and 7.0% for Common Equity Tier 1 capital. The Bank performs capital management planning to

of Thailand after the formal announcement has been made. The nature of company’s business is depending on the mixture of capital including equity, working capital and loans from financial institution

mostly because of an increase in equity capital from the IPO and a recognition of a net profit for the nine months period ended 30th September 2020. Yours Sincerely, (Ekarin Luengviriya) Managing Director

Capital Adequacy Ratio (CAR) and Common Equity Tier 1 ratio (CET1) stood at 19.6 percent and 16.0 percent, respectively. The evolving business environment in 2019 required commercial banks in Thailand to