submission of an application for obtaining approval to be personnel in the capital market business and a renewal of such approval shall be in accordance with the rules, conditions and procedures for
the existing Concession Agreements after obtaining the approval from the shareholders’ meeting and after obtaining the consent from the Council of Ministers. 5. On September 30, 2018, the Company has
Approval and Granting of Approval Division 1 Application for Approval Clause 15 The submission of an application for obtaining approval to be personnel in the capital market business and a renewal of such
or complies with the rules or conditions for obtaining an approval according to this Notification, but there is a certain fact indicating that the purpose or the substance of such offering is to avoid
separate from the CIS Operator. In short, after obtaining approval from the Thai SEC to set up a mutual fund and offer investment units to investors, the money received from such offer shall constitute a
financial risk with the debt to equity ratio of 12.44 as calculated based on the separate financial statements of the Company as at March 31, 2017 (according to the consolidated financial statements of the
separate financial statements of the Company as at March 31, 2017 (according to the consolidated financial statements of the Company, the Company’s current ratio and debt to equity ratio are 0.24 and 1.58
temporary working capital in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly
used as its temporary working capital in the business operation. Currently, the Company is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term