the Company’s operating plan and financial position. Therefore, the Company viewed that the obtaining of funds via the offering of newly issued shares at a discount
reasonable as the Company has a plan to restructure the financial position of the Company by redeeming debentures and loans from financial institutional. Currently, the process is under negotiations regarding
by such financial institution whose license is revoked or whose operation is subject to control or suspension on the grounds that its business plan to rectify its operations or financial positions has
securities for sale), financial advisor, lead underwriter, co-underwriter, the effective date of the Registration Statement, the conditions for cancellation of the offer for sale in the case that the amount of
to financial information; - In the case where the Company has disclosed a business plan or a financial prediction in the registration statement or the annual registration statement/annual report
or qualified opinion of the auditor on significant accounting items (if any), and the results of the implementation of the business plan and objectives in relation to financial information; - In the
) bills. “company” means: (1) a limited company or a public limited company incorporated under Thai law; (2) a financial institution. “financial institution” means a commercial bank, finance company or
THB 230 mn and project shall be funded by the issuance of new shares and/or loans from financial institution. After calculated the transaction size, the max size is at 46.64% which is classified as
requested the Company to repay such loan in the amount of THB 80,000,000. The Company, at the time, also had a plan for the financial restructuring by using the debt to equity conversion to reduce the
Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Calling the Extraordinary General Meeting of Shareholders No. 2/2019 (amended) To The President The Stock