acquire more NPLs at favorable prices. However, the Company expects to see higher competition in securing and getting NPLs/ NPAs as many players would likely shift their focus towards secured collateralized
competition in securing and getting NPLs/ NPAs as many players would likely shift their focus towards secured collateralized loans, which deem to be less risky than that of the unsecured personal loans or
and adjustment of unsecured personal loan providers after measures for controlling credit card and personal loan under supervision of the Bank of Thailand came into force September 1, 2017. Focus should
supervision scheme follows a similar regulatory framework to the one governing equity crowdfunding in several dimensions including: (1) issuers are allowed to offer either secured or unsecured debentures via
sustainable growth. The SEC is also committed to expediting Thailand’s shift towards a low-carbon economy with the goals of achieving carbon neutrality by 2050 and net zero greenhouse gas emissions by 2065
as disastrous results of creative accounting practices employed by listed companies in foreign countries (ex. Enron and Worldcom) led to an overhaul in auditor supervision where we witnessed a shift
project is over 10 years and it is expected to be closed within Q3/2017. The implementation of ERP system is over 80% to completion, the company plans to partially shift to the ERP system during Q3/2017 and
working capital and reduce the interest payment and rate of interest lower than the average rate of unsecured loan from financial institution as at the date of transaction that as 4.00% (MMR ) and the
, not lower than the specified ratio. ** Subordinated debt refers to liabilities for which the rights of creditors are subordinated to those of general creditors. Such debt is unsecured and
which is an unsecured short-term loan that granted to GSTEL according to the resolution of Company’s Board of Directors Meeting No. 3/2017 on March 16, 2017 for the amount not exceeding Baht 94 million