. Currently, PNPC together with its insurers is in the process of assessing the situation. Xe-Pian Xe-Namnoy Power Company Limited, the developer of Xe-Pian Xe-Namnoy Hydroelectric Power Project with a capacity
the information memorandum on entering into such transaction is disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of
transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the business operation, as the Company has continuous accumulated loss. Thus, the Company
financial situation. However, the Company has received a written waiver from its creditor on this issue in the third quarter of 2019, which is the most recent waiver. The Company has to maintain Debt to
/2017, there was a supply tightening situation, allowing the company to increase its sales volume during the time. However, the retail market which is the company’s primary sales channel grew larger by 7
year. Once a new plant start its production, the Company expects additional capacity of 25,000 tons per year. However, this investment budget can be adjusted depending on the changes in future situation
channel, dated 10 May 2019. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for debt repayment and
disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the debt repayment and the
financial statements. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the business operation, as the
Company encounters the situation of the lack of financial liquidity and the cash flow for debt repayment and business operation, as the Company has continuous loss. Thus, the Company considers the business