Jasmine International Public Company Limited informed that the Board of Directors' Meeting No. 11/2020 of the Company, convened on 15 December 2020, has resolved to approve the Company to apply for a loan, in an amount of up to THB 325,000,000 with interest of MLR which at present is of 5.25% per annum, totaling THB 359,125,000, with the term of loan for 12 months and with an extension right for another 12 months, totally not exceeding the period of 24 months, from Jasmine Telecom Systems Public Company Limited ("JTS"), a subsidiary in which the Company has the total direct and indirect shareholding of 50.91%. The loan will be used as the working capital for the Company's business.