On August 5, 2013, a subsidiary obtained a long-term loan from a local bank with a credit line of Baht 12 million. For the first two years, the loan bears interest at the MLR-1 per annum, and thereafter at the MLR per annum. Repayment of the principal will be made in 72 equal monthly installments of Baht 0.17 million each starting in August 2014.