the accuracy or completeness of the information contained in this document or otherwise made available nor as to the reasonableness of any assumption contained herein or therein, and any liability

3,137mn, from the assumption of a 50% stake in the joint venture with Sansiri, Keystone Estate joint venture and Keystone Management joint venture, (iv) an increase in land and project awaiting development

22.7% or THB 4,106mn from the balance as of 31 December 2017, mainly due to assumption of outstanding debt from EBT of UE last quarter. Net interest-bearing debt to equity ratio stood at 0.57 times, a

the valuation from the independent financial advisory was based on the assumption that all assets are completed and able to operate as planned. To do so, he Company was required to invest additional

, mainly due to the assumption of outstanding debt from EBT of UE netted against the proceeds from the capital increase in the first quarter. Net interest-bearing debt to equity ratio stood at 0.53 times, a

target equity allocation. The key assumption, therefore, is that maintaining the target equity allocation is more important than tax efficiency. Also, if a consistent equity allocation were not maintained

adviser, and (b) reasonableness of the assumption (Section 89/9). The adviser hired by the board must be responsible to the board. Should the adviser is found to have provided false information, the board

, 2018, to be submitted to the Annual General Meeting of Shareholders for the year 2018 on April 10, 2018 8. projections for the current year (if any) which indicates the assumption of the business

and hydrogen-powered transport will be automatically considered eligible for certification. This is based on an underlying assumption that, while acknowledging the possibility, circumstances in which

assumption is material because of the subjectivity and judgment required to account for highly uncertain matters, as well as 12 whether the estimate or assumption will have a material impact on financial