a financial institution for repayment loan to parent company. Equities As of December 31, 2019, the company, reported total Equities of Baht 1,085.6 Million, increased from Baht 1,058.2 Million at the
repayment paid Baht 35 million and finance lease liabilities repayment Baht 1 million while Cash received from long-term loan with financial institution of subsidiary at Baht 10 million. Short-term loans from
Institutions Act B.E. 2546 Amendment (No.2) B.E. 2550 requires that a private higher education institution, in this case is Western University (Subsidiary) shall allocate its annual excess revenues over expenses
compared to December 31, 2016 as amount of 1,922.16 Million Baht thus subsidiaries has decline in short term loans from financial institution of 119.19 Million Baht , more trade account payable and other
as follows: - Bank overdraft and short-term loan from Financial institution decreased by Baht -45.9 million - Repayment of long-term loans of Baht -0.6 million - Paid of liability under finance lease
sale the idle assets, don’t take on loan from financial institution that reducing the cost of interest. 3 8) The condition with effect to right of shareholder None 9) Opinion of the Board of Directors In
8) The Benefits of the Transaction The company can be increase liquidity of business by sale the idle assets, don’t take on loan from financial institution that reducing the cost of interest. 9) The
compared to December 31, 2016 as amount of 1,922.16 Million Baht thus company and its subsidiaries has decline in short term loans from financial institution of 93.58 Million Baht, more trade account payable
cash used in Baht 8.0 million has essence transaction as follows: - Bank overdraft and short-term loan from Financial institution decreased by Baht 41.9 million - Repayment of long-term loans of Baht
received, that the company can accept this interest rate due to the period and condition to withdraw the loan better than the Financial Institution. 10. Opinions of the Audit Committee and/or the Directors