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The company had to recognize the interest expense which increased by 133 million baht from Q2/2019 as this expense must be paid due to the tender offer process in May 2019 of 26.14% from the acquisition of GLOW. This results in the company to hold 95.25% share in GLOW.

Mr. Adisak Sukumvitaya, CEO of JMART and Chairman of JMT, stated that the “Sukumvitaya Group,” the major shareholders of JMART, exercised the JMART-W3 at ฿11.00/share. JMART would book 160 million baht to exercise JMART-W2 to support JMT’s business in debt purchasing.