price or conversion price, the offering price was lowered because of the partial trade debt reduction (i.e. a haircut) by waiver of the 1st Interest Portion of USD 95,377,980, or equivalent to THB
the first portion of the loan of USD 41,000,000, or equivalent to THB 1,414,878,111.11 (the “1st Loan Portion”), for the partial repayment of the Trade Debt to ACO I in the amount of USD 40,180,000, or
Shareholders No. 1/2017, of USD 5,461,478, or equivalent to THB 188,471,357.96 (the “2nd Interest Portion”); and • converting the principal debt of the outstanding trade debt in the amount of USD 123,899,729, or
working capital, and for other debt repayments arising from the Company’s business operation. 3. The third portion of the loan (the remaining portion from the first and second portions) (the “3rd Loan
last year. Cost of goods sold and services increased in portion of increasing revenue but expenses were increasing in portion less than revenue. Selling and admin Expense decreased 19.09% cause from
Assistance”), where on February 2, 2017, the Company drew the 1st Loan Portion for the Partial Repayment of the Trade Debt to ACO I as detailed in 2. above whereas the Company shall be entitled to utilize the
debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions
million Baht from last year. This would support the overall performance of the Company further in the future. In 2018, the Company was able to pursue a remarkably success in distress debt management
year. In 2017, the Company achieved a remarkably success in distress debt management business. The Company achieved its record high in cash collection at 1,847 million Baht. Thanks to distress the