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

2019 31 December 2018 Increased (Decreased) Percentage Assets Current assets Cash and cash equivalents 76.25 212.68 (136.43) (64.15%) Short-term investments - 59.90 (59.90) (100.00%) tel:02-455-2888

, the Company engaged an independent financial advisory to evaluate the fair value measurement of the investments by using income approach method and discounted cash flow to present value. As a result

totals Baht 357,000,000 as a consideration of the first portion of S-TREK shares does not correspond with the current market price and causes Mr. Jirasak to be in a disadvantage position in entering into

analysis, our cash flow is expected to remain strong with no impact on debt repayment and CAPEX plan. Furthermore, the company is receiving additional working capital facilities by approximately THB 4

No. ECF2 035/2562 23 September 2562 Subject Notification on the resolutions of the Board of Directors’ Meeting approving the purchase of the ordinary shares in KPN Academy Company Limited, the increase of registered capital, the issuance and the allocation of the newly-issued shares to specific persons (Private Placement) and the convening of the Extraordinary General Meeting of Shareholders No. 1/2019 To Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on...

% versus the assets of 1,737.41 million baht as of December 31, 2018 because of the following reasons: (1) The current assets amounted to 202.50 million baht, increasing by 9.15 million baht, consisting of

with current events, which at the time of writing, none of the Company group’s employees have been found infected with COVID-19. The company group announced measures to prevent and control the spread of