On the basis there is no direct trade loan outstanding and our credit exposure is therefore limited to this $1.30m and K-Bank is providing full guarantee on this incremental limit, then I would approve the additional temp CL of $0.24m to $1.3m in line with K-Bank limit to them subject to us review the position again in end September. Petchaburi’s financial ratios eg. Current ratio, DSO and revenue growth have deteriorated based on latest available financials of 2013.
Just a question on what are the supporting document that maintain BP guarantee as pegged to 20% on the permanent credit limit of $1.03m despite this additional temp credit limit of $1.3m offered by K-bank to Petchaburi?