Company’s Debt to Equity ratio is 1.48 times, based on the audited consolidated financial statements for the 9-month period ended September 30, 2019. The Debt to Equity ratio will rise to 1.26 times if the

due to lower consumer confidence and overall consumption. Demand for housing loans also fell, especially low-rise housing. Going forward, financial institutions expect increasing demand for loans from

increased revenue by THB 91 million mainly from 3% rise of Availability Payment which was in line with improvement of Availability Rate from 96% in Q1/2020 to 99% in Q2/2020 and higher weight factor in Q2

2) The Company and the Existing Shareholders has proceeded in accordance with the Conditions Precedent as preliminarily agreed. Details of which can be found in the Information Memorandum on the

Board of Directors’ Meeting therefore authorized Chief Executive Office to perform any action related to such transaction. The Company also considered and found that such disposal and acquisition of asset

ended March 31, 2019, found that the maximum transaction size is 42.76 percent according to the total value of consideration criteria which is less than 50 percent (However, the Company does not have an

, 2019, found that the maximum transaction size is 42.76 percent according to the total value of consideration criteria which is less than 50 percent (However, the Company does not have an asset

& ANALYSIS 2018 MD&A FY 2018 (ended 31 December 2018) VGM Business Overview* *More commentary on the VGM transaction can be found in Report on http://maco.listedcompany.com/newsroom/270620181831240885E.pdf

analysis of accounts receivable aging and assessment of past debt collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2018 and

collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2019 and there was no bad debt in the past year 2018. (3.2) Inventory and