and agreed by the borrower in order to mitigate the Company’s risk in relation to providing loan. 4. Total value and criteria used in determining a transaction’s total value The total amount of

" means agreement whereby one party called "lender" transfers securities to the other party called "borrower", under arrangement of which borrower agrees to subsequently transfers securities issued by the

Baht from the same period last year which is estimated from unpaid debtor. Such estimation are based on the Company’s regulations related accounting policy. 4. Financial expense amount of 42.47 million

(the debtor), at the price of 100,000,000.00 Baht. The total amount of purchase is 126,809,661.99 Baht. VON is a company incorporated under the Thai Law in the Energy Sector. The registered address is

subsidiary, V. O. Solar Company Limited (“V Solar”). The agreed purchase price is 26,809,661.99 Baht and a transfer of debt that IFEC, who is the creditor of 100,097,457.53 Baht, owed by VON (the debtor), at

broadcasting time, in which the debtor is unable to comply with the contract. The Company filed a lawsuit to the debtor at Thonburi Civil Court. The total amount of the lawsuit was Baht 3 2 3 ,2 9 6 ,0 7 7 .4 3

debt amount of 33.91 million baht, increased 207.89 million baht or 5.98% from the same period of last year due to estimated allowance from debtor not yet repaid, which the estimates are in accordance to

1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover

affect the value of the asset. Moreover, the economy is generally in recession and there is no clear record of the existing debtor?s past repayment, causing a negative impact on the repayment ratio. And in

31, 2018) Borrower : J.S.P. Property Public Company Limited 2 บริษัท เจ. เอส. พ.ีพร็อพเพอร์ตี ้จ ำกดั (มหำชน) J.S.P.PROPERTY PUBLIC COMPANY LIMITED 41/1 ถ.พระรำมที ่2 ซอย 54 แขวงแสมด ำ เขตบำงขุนเทยีน