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SET recommends the investors to study MVP's financial statements and monitor the company's clarifications.

The Stock Exchange of Thailand·12/08/2025 01:36:29
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Information analysis Subject : Reminding investors to analyze Information Security Symbol - M VISION PUBLIC COMPANY LIMITED (MVP) Description : The Stock Exchange of Thailand (SET) requires M Vision Public Company Limited (MVP) to clarify information on the financial statements of Q3/2025, which the auditor has qualified conclusion because the auditor was unable to obtain sufficient and appropriate evidence to support the valuation and benefits of the prepayment of operating expenses, advance payment to director, and the written-off prepaid operating expenses which expected to not generate revenue therefrom. Additionally, the auditor has emphasis of matters about financial liquidity issues due to delays in collecting debts from trade receivables. The company has recorded an allowance for expected credit losses from trade receivables amounting to 165 million Baht, resulting in a net loss for the nine-month period of 2025 totaling 114 million baht and shareholders' equity of 15 million baht, which significantly impacts the company's financial status and operating performance. Therefore, the company is required to clarify information through SET's disclosure system by December 15, 2025 and disclose the opinions of the Board of Directors and Audit Committee by December 22, 2025. In addition, SET recommends the investors to study MVP's financial statement and monitor the company's clarification. ______________________________________________________________________ Investor Alert News An important information that shareholders and public investors should concern before making any voting or investing decisions. ______________________________________________________________________