. However, the Board of Directors and the Audit Committee of SABUY view that the transactions are appropriate and reasonable and for the best interests of SABUY and its shareholders. The investment
. (TA) and Year Appraisal Co. Ltd. (YEAR). Nevertheless, the Board of Directors and the Audit Committee of EVER view that the purchase transaction is reasonable and beneficial for the company’s
of the transaction. However, considering HYDRO's current liquidity status and needs, the IFA deems the PP transaction reasonable as it will provide a source of funding to enhance liquidity, allowing
evidences, it is reasonable to believe that Mr. Suphan Sethapanich has obtained benefits from selling the bills of exchange (B/E). He, therefore, committed an offense with dishonest intent and obtained
receivership on 3 August 2017. Such material facts were subject to public disclosure within a reasonable timeframe after the issuing date of the Court's order of receivership; however, POLAR did not disclose
from any financial institution. Despite the fact that the conditions for receipt the financial assistance from the Mahachai Group might not be commercially reasonable, in order for the company to
not necessary nor reasonable to grant an extension; and determined that Mr. Suphanan has consistently acted in an obstructive manner and made no effort to solve IFEC problems since the start of the
day; c. the day on which investors have the right to exercise convertible bonds or warrants. In the case where the board of directors sees a reasonable ground for the best interest of the
. Furthermore, although the transaction price is reasonable, SUSCO incurs hidden costs arising from the transaction conditions, namely opportunity costs because SUSCO is prohibited from competing with the SDA
would constitute a contravention of Section 246 of the SEA. Based on reasonable evidence found in the case indicated that the following persons were involved in the scheme, the SEC thus filed the