company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person
bill of exchange. These were done as preparations for coming future developments. The Group were also able to collect deposits and advances received from customers from the current 31 available project
paid in advance for the future developments. As for liabilities, a decrease of 822.9 million baht, or 4.5%, mainly from Trade and other payables, Short term loans from banks, and Deposits and advances
reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the
Company received partial payment of advances for share subscription from Khun Pornpan, as a result the allowance for doubtful account decreased when compared with prior year. Gain (loss) on Exchange Rate
for the repayment from the creditor. • Short-term loan from related parties decreased Baht 34 million. • Advances received from customers increased Baht 65 million. • Accrued interest expenses increased
trade account payable at amount of Baht 8.99 million, an increase in advances received at amount if Baht 25.33 million and increase in loan from the financial institute of Baht 354.97 million due to the
other payables. These were done as preparations for coming future developments. The Group were also able to collect deposits and advances received from customers from the current 35 available projects
exchange. These were done as preparations for coming future developments. The Group were also able to collect deposits and advances received from customers from the current 32 available projects open for