Page 59 - E-BOOK

Most of the time, the Company sells NPAs in cash, whereas the Company and buyer will enter into a purchase
and sales agreement. The buyer will pay partial advances to the Company and then pays the remaining purchasing
price specified in the agreement on the ownership transferring date, at the land office.

Moreover, the Company also provides an asset purchase in installment payment program. The program
gives opportunity to smaller customers, who don’t have the access to the credit provided by financial institutions,
for purchasing of assets with the price lower than Baht 3.0 million. Customers may purchase the asset with the
installment payment for a total amount lower than Baht 2.0 million. Also, for other special cases, for example, for
the case of expensive NPAs or the original debtors want to buy back NPAs; the Company may approve them to buy
NPAs under the installment payment program. For this case, the ownership in the NPAs will be transferred to the
buyers after the final installment is paid and all the related operations with the land office are complete.

The following flow chart depicts the process for NPAs sales 57

Furthermore, the Company has a plan to follow up overall return on investment regularly by the working
group for asset and liability management, and present the result to the executive committee and/ or board of
directors to acknowledge the performance of each investment port of the Company to be a factor of consideration
for further port purchase in the future.

(B) Type of NPAs
The Company has NPAs all over the country. As of 31 December 2020, the Company has NPAs in Bangkok
and vicinity accounted for 43.6% of the book value of all NPAs of the Company. It has real estate in a residential
type for 50.1% of the net NPAs account of the Company.