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whether the nature of the estimate or assumption is material because of the subjectivity and judgment required to account for highly uncertain matters, as well as whether the estimate or assumption will
completed on time in order to send the Notice of the Shareholders’ Meeting and the Company is aware of the rights and interests of the shareholders of the Company to receive all complete information and
will submit the Notice of Shareholders’ Meeting together with the report of opinion of the Independent Financial Advisor to the shareholders at least 14 days prior to the shareholders’ meeting date. 8
ACO I subsequently sent a notice requested the Company to repay such debt and notified that if the Company could not send any proposal for loan settlement which is acceptable by ACO I. ACO I would take
3,137mn, from the assumption of a 50% stake in the joint venture with Sansiri, Keystone Estate joint venture and Keystone Management joint venture, (iv) an increase in land and project awaiting development
22.7% or THB 4,106mn from the balance as of 31 December 2017, mainly due to assumption of outstanding debt from EBT of UE last quarter. Net interest-bearing debt to equity ratio stood at 0.57 times, a
the valuation from the independent financial advisory was based on the assumption that all assets are completed and able to operate as planned. To do so, he Company was required to invest additional