Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable Standard & Poor’s Long-term Counterparty Credit Rating BBB+ BBB+ BBB
Company shall utilize a sum of money received from the issuance and the allocation of the newly-issued ordinary shares as the Company’s capital for the purposes of debt payment, increasing financial
Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB
instruments Baa1 Baa1 Baa1 Subordinated debt instruments Baa3 Baa3 Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s
and conditions. Transaction size calculation Company’s financial statement dated December 31, 2019 (Unit : Million Baht) Total Asset 337.74 Intangible Asset 13.59 Total Debt 109.51 Minority shareholders
debts in accordance with the debt restructuring plan. The Company made other efforts to seek out capable investors to help ameliorate the Company’s financial status, where in 2011, the Company entered
debt to equity conversion scheme in 2012 and the issuance of bonds for the trade creditors. Despite the Company’s every effort to ameliorate its financial status, the Company still has suffered operating
successfully restructured its legacy debts, occurred since global financial crisis in year 2008, for in an amount of USD 91.59 million. The entire debts has been partially converted in form of debt-to-equity
, occurred since global financial crisis in year 2008, for in an amount of USD 91.59 million. The entire debts has been partially converted in form of debt-to-equity conversion and some portion has been