results.With reference to the annual financial statements for the year 2016 wherein the auditor made a note on the loan transactions with foreign debtors which subsequently increased GL operating results, the
board had approved IEC to enter into contract to guarantee loan for The M Group Plc. with Krung Thai Bank Plc. He eventually entered into such contract on behalf of IEC, which was beyond his authority
in the amount of 37.7 million baht where he misappropriated such amount of money for his own benefit. In addition, in the name of NIPPON, he had applied for a loan from a financial institution by
37.7 million baht where he misappropriated such amount of money for his own benefit. In addition, in the name of NIPPON, he had applied for a loan from a financial institution by issuing short-term bill
for the difference of gold pricesTungkum Limited (Tungkum), THL?s subsidiary, has entered into USD35 million loan agreement and agreement on gold delivery with a foreign bank whereby Tungkum is obliged
liabilities 1,325.56 1,396.78 (71.22) Equity 800.67 883.54 (82.87) Consolidated financial information (Unit : Million Baht) 5 / 5 • Short-term loan from related party decreased by Baht (3.62) million as due to
value of net tangible assets basis, equals to 15.22% (based on the Financial Statements for the year ending 31 December 2019). Source of Fund for Investment - Loan from bank in the amount of 75 million
institution under the Law on Loan Interest of Financial Institutions or a financial institution under foreign law; (2) an agreement having characteristics comparable to the assets under (1) in accordance with
the Law on Loan Interest of Financial Institutions or a financial institution under foreign law; (2) an agreement having characteristics comparable to the assets under (1) in accordance with the Shariah
being a financial institution under the Law on Loan Interest of Financial Institutions or a financial institution under foreign law; (2) an agreement having characteristics comparable to the assets under