of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to
Company has already partially estimated in 2016. Whereby, these additional debtors are overdue accounts receivable and in request for payment extension process, thus the additional debt overdue exceeded 181
ending 30 September 2019, the Company had total liabilities equal to 1,327.0 million baht lower more than 2018 equal to 137.6 million baht or 9.4 percent. The company has returned debt to financial
Ordinary Shares of the Company under the Debt to Equity Conversion Scheme”). Since the said conversion price is 58.89 percent lower than the market price1, the offering of the newly issued ordinary shares of
million Baht from last year. This would support the overall performance of the Company further in the future. In 2018, the Company was able to pursue a remarkably success in distress debt management
14,211 million Baht from last year. This would support the overall performance of the Company further in the future. In 2018, the Company was able to pursue a remarkably success in distress debt management
) July 14, 2017 After the SSG group, led by SSG Capital Holdings Limited (“SSG CH”) expressed its interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J
interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J Steel Public Company Limited (the “Company”), on May 26, 2017, the Company executed a memorandum of
share, aggregating THB 4,275,683,281.33 (the “Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme”). Since the said conversion price is
, aggregating THB 4,275,683,281.33 (the “Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme”). Since the said conversion price is 58.89 percent