Exchange of Thailand (“SET”) in compliance with conditions of disclosing investment information, including information on asset acquisition transaction and related transactions as per the rules, regulations
Company‟s partial business transfer transaction to Asian Corrosion Control Technology Limited (“Subsidiary”) whereas the Company has holding 99.88 per cent of paid-up capital. The objectives of partial
decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control
such decrease is due to market mechanism and out of Company’s 2 control, the transaction should be fair to both parties. The Company also sees potential of S-TREK and would still be investing in the
auditor. After transaction is completed, Grant Thornton Limited, which is in the list of SEC, will be auditor for both NDR and FKRMM. 4. An internal control is in place as required by the announcement of
transaction is completed, Grant Thornton Limited, will be auditor for both NDR an internal control in place as required by the announcement of Capital Market After the transaction is completed, there is no
Internal Control Sufficiency Evaluation Form Concepts and Objectives Good internal control is essential for a listed company or a public company as it can help preventing, managing, mitigating risks