SAS Capital Bonds 
The terms of the bonds are as follows:

Amount of each bond Baht 500,000.

Each bond entitles the holder to a discount each term of Baht 15,000.

This is equal to a return of 6% per annum.

The bond will be repaid in full when either:

1. The student leaves the school.

2. The holder gives one term’s notice to request repayment.

3. At the expiry of 5 years.

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